Which of the following could NOT be a marketable security? A) stocks
QUESTION
Which of the following could NOT be a marketable security?
A) stocks
B) bonds
C) money market certificates
D) notes payable
E) government securities
ANSWER
Answer: D
Explanation: D) Marketable securities are stocks, bonds, government securities, and money market certificates, which can be easily converted to cash. Notes payable is money owed on a loan based on a promise the firm made.
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