Short-term investments are intended to be converted into cash within the longer of one year or the operating cycle of the business, and are readily convertible to cash.

Question 1 options:

	True
	False

If a company has a controlling influence over another company, the controlling investor is called the parent, and the investee company is called the subsidiary.

Question 3 options:

	True
	False

Long-term investments include investments in land or other assets not used in a company's operations.

Question 4 options:

	True
	False

Cash equivalents are investments that are readily converted to known amounts of cash and mature within three months.

Question 5 options:

	True
	False