Money market securities are sometimes referred to as cash equivalents because _____.
A: they are safe and marketable
B: they are not liquid
C: they are high-risk
D: they are low-denomination
A: they are safe and marketable
B: they are not liquid
C: they are high-risk
D: they are low-denomination
举一反三
- Most of the time, the interest rate on Treasury notes is below that on money market securities because of their low default risk.
- Due to its impulse to pursue high profits, international hot money is bound to look for which of the following investment fields? A: Low risk, low profit B: Low risk, high profit C: High risk, high profit D: High risk, low profit
- Compared to money market securities, capital market securities have _________
- Which of the following would not be classified as a current asset? A: cash B: marketable securities C: receivables D: investments
- Money market securities are characterized by: A: Maturity less than 1 year B: Safety of the principal investment C: Low rates of return