Which of the Following Statements Is CORRECT

question 76

Multiple Choice

Which of the following statements is CORRECT?

• A)Trading securities can be current or long-term assets.
• B)Available-for-sale securities are always current assets.
• C)Held-to-maturity securities are always current assets.
• D)Trading securities are always current assets.

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Definitions:

Dominant Gene

a gene that suppresses the expression of its allele, resulting in its trait being manifested in the organism.

Brown Eyes

A physical trait characterized by the presence of melanin in the iris, resulting in a brown coloration of the eyes.

Dominant-Recessive Genes Principle

A genetic principle in which the dominant allele masks the effect of a recessive allele in heterozygous pairs.

Dominant Gene

A genetic sequence that overpowers and determines the expression of a trait over another allele.