Securities Bought and Held Primarily for Sale in the near Term

question 146

Multiple Choice

Securities bought and held primarily for sale in the near term to generate income on short-term price differences are

• A) trading securities.
• B) available-for-sale securities.
• C) never-sell securities.
• D) held-to-maturity securities.

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Definitions:

mRNA Molecule

Messenger RNA, a type of RNA that conveys genetic information from DNA to the ribosome, where it specifies the amino acid sequence of the protein products of gene expression.

Introns

Non-coding sequences of DNA within a gene that are removed by RNA splicing during the maturation of the final RNA product.

Exons

Regions of a gene that code for proteins and are expressed in the RNA.

Transposons

DNA sequences that can change their position within a genome, sometimes causing or reversing mutations and altering the cell's genetic identity.