financial management balance sheets

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Securities with less predictable prices and have longer maturity time is considered as

Securities with less predictable prices and have longer maturity time is considered as
  • A. cash equivalents
  • B. long-term investments
  • C. inventories
  • D. short-term investments
  • Correct Answer: Option D

Proceeds of company shares of sold stock is recorded in

Proceeds of company shares of sold stock is recorded in
  • A. preferred stock account
  • B. common stock account
  • C. due stock account
  • D. preceded stock account
  • Correct Answer: Option B