What are short-term investments that are easily converted back to cash and are used by financial managers to achieve higher returns than those offered by chequing accounts?
A) corporate securities
B) marketable securities
C) management vehicles
D) corporate equities

Question

Quizplus · Accepted Answer

Marketable securities are short-term investments that can be easily converted into cash and provide higher returns than regular chequing accounts. Corporate securities may have longer maturities and are not as easily converted to cash, management vehicles may have restrictions on withdrawals, and corporate equities are stocks in individual companies and may have fluctuating values.

What Are Short-Term Investments That Are Easily Converted Back to Cash