Short-Term Investments

Multiple Choice

Short-term investments:

A) Are securities that management intends to convert to cash within one year or an operating cycle,whichever is longer.
B) Include funds earmarked for a special purpose such as bond sinking funds.
C) Include stocks not intended to be converted into cash.
D) Include bonds not intended to be converted into cash.
E) Include sinking funds not intended to be converted into cash.