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Question : _____________unless specified otherwise, are taken as Marketable Securities and included in Cash and Cash Equivalents.

Option 1: Fixed Assets

Option 2: Inventory

Option 3: Current investment

Option 4: None of the above


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Current investment


Solution : Answer = Current investment

Current investments, unless specified otherwise, are taken as marketable securities and included in cash and cash equivalents. Current investments typically consist of highly liquid and readily marketable securities, such as government bonds or highly rated corporate bonds, which can be easily converted into cash and are therefore considered part of cash equivalents.
Hence, the correct option is 3.

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