Which of the following assets is NOT classified as a short-term investment?
A) corporate stocks
B) corporate bonds
C) debt securities issued by governments
D) checking account balance

Question

Quizplus · Accepted Answer

A checking account balance is a liquid asset that can be easily accessed and used for daily expenses, and therefore it is not typically classified as a short-term investment. Short-term investments typically refer to assets that are held for a short period of time, ranging from a few days to a few months, with the goal of earning a return on investment. Examples of short-term investments include corporate stocks, bonds, and debt securities issued by governments.

Which of the Following Assets Is NOT Classified as a Short-Term