Which Statement About Long-Term Investments Is Not True

question 99

Multiple Choice

Which statement about long-term investments is not true?

• A) They will be held for more than one year.
• B) They are not currently used in the operation of the business.
• C) They include investments in stock of other companies and land held for future use.
• D) They can never include cash accounts.

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Definitions:

Deregulation

involves reducing or eliminating government control over industry sectors to foster competition and improve efficiency.

Transportation Companies

Businesses that specialize in moving goods, passengers, or both from one location to another.

Buying

The act of acquiring goods or services in exchange for money, encompassing both personal and organizational purchasing decisions.

Making

The process of creating or producing something, typically referring to manufacturing or craftsmanship activities.