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Temporary investments of extra cash generated by companies are called

a) Debentures
b) Idle cash
c) Transaction balances
d) Marketable securities

1 Answer

4 votes

Final answer:

d) Marketable securities. Temporary investments of extra cash generated by companies are called Marketable securities.

Step-by-step explanation:

Temporary investments of extra cash generated by companies are called Marketable securities. Marketable securities are short-term investments that companies can easily convert into cash if needed. These investments are considered temporary because the company intends to use the cash for other purposes in the near future.

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