Financial securities which can be changed into cash at their book value price are categorized as ______?

مالیاتی سیکیورٹیز جن کو ان کی کتاب کی قیمت کی قیمت پر نقد رقم میں تبدیل کیا جاسکتا ہے اسے ______ کے طور پر درجہ بندی کیا گیا ہے؟

Long-term Investments

Short-term Investments

Cash Equivalents

None of these

Cash equivalents are short-term, highly liquid investments easily convertible to cash.

They have minimal risk of value change and are recorded at book value.