Which of the Following Is Required by Accounting Standards for the Presentation

question 58

Multiple Choice

Which of the following is required by accounting standards for the presentation and disclosure of investments in marketable securities?

• A) By classification as trading, available-for-sale or held-to maturity.
• B) For an analyst's determination of liquidity.
• C) For the company's physical possession of the security versus agent holdings.
• D) For the expected success of the organization of investment.

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Definitions:

Ethics

Moral principles that govern behavior, distinguishing between what is right and wrong.

Folkways

Norms for routine or casual interaction that guide everyday behavior in a society.

Corporate Social Responsibility

A business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.

Ethical

Pertaining to or dealing with morals or the principles of morality; concerned with the distinction between good and evil or right and wrong behavior.