________ are purchased as short-term investments and are only slightly less liquid than cash.
A) Prepaid expenses
B) Patents
C) Accounts receivable
D) Marketable securities
E) Futures

Question

Quizplus · Accepted Answer

Marketable securities are easily and quickly traded on the stock market, making them a highly liquid short-term investment. Prepaid expenses are advance payments for goods or services, while patents are intangible assets that provide exclusive rights to an invention for a certain period of time. Accounts receivable are amounts owed by customers for goods or services already delivered. Futures are contracts to buy or sell an asset at a specific price on a particular date in the future.

________ Are Purchased as Short-Term Investments and Are Only Slightly