Which of the Following Statements Is True About Investments Classified

question 173

Multiple Choice

Which of the following statements is true about investments classified as trading securities?

• A)The investor's intent and ability is to hold them to maturity.
• B)They are valued on the balance sheet at cost.
• C)They can consist of equity, but not debt, securities.
• D)Changes in market value are reflected as part of net income.

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Definitions:

Written Communication

The process of conveying messages or information through written symbols, letters, or electronic texts.

Transfer Data

The process of moving or copying data from one location, system, or device to another.

E-mail Messages

Digital forms of communication sent through the internet from one person to another or to a group.

Describing Skill

The ability to accurately and effectively convey information about objects, situations, or processes using precise language.