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:

Constitutional Rights

Constitutional rights are the rights and freedoms guaranteed to all citizens by a country's constitution, protecting individuals from government overreach and ensuring civil liberties.

Common People

Individuals or groups not part of the elite or ruling classes, often associated with the working or lower classes in society.

Confederate Army

The military force of the Confederate States of America during the American Civil War (1861-1865), fighting to maintain the institution of slavery and secede from the United States.

Rate of Desertion

The frequency or proportion at which individuals abandon their posts or duties, especially in a military context.