Which Statement About Long-Term Investments Is Not True

question 5

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 do not include long-term notes receivable.

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Definitions:

Business Strategy

A plan of action designed by an organization to achieve a specific goal or to secure a competitive position in the market.

Trade Association

An organization founded and funded by businesses that operate in a specific industry, aimed at promoting their collective interests.

Corporate Social Responsibility

Initiatives taken by corporations to assess and take responsibility for the company's effects on environmental and social wellbeing.

Organization's Reputation

The collective perceptions and opinions held by the public, customers, and stakeholders about an organization's qualities, actions, and standards.