Marketable securities are usually classified under which type of asset?

Marketable securities are classified as current assets because they represent liquid financial instruments that can be quickly converted into cash, typically within one year. These securities include stocks, bonds, or other investments that can be readily sold in the financial markets. Their classification as current assets is essential for financial statements as it reflects the company's liquidity and ability to meet short-term obligations.

In contrast, fixed assets are long-term tangible property like buildings and machinery that are not intended for sale in the regular course of business. Intangible assets refer to non-physical assets like patents or trademarks, which provide long-term value but do not have a physical form. Investment assets would generally refer to long-term investments rather than the short-term nature of marketable securities. Therefore, the classification of marketable securities as current assets accurately aligns with their nature and uses in the context of financial management and reporting.