Which Statement Best Describes a Held-For-Trading Instrument

question 122

Multiple Choice

Which statement best describes a held-for-trading instrument?

• A)A financial investment that has fixed or determinable payments and fixed maturity that an entity intends and is able to hold to maturity.
• B)A financial investment that has not been otherwise classified as one of the other six categories of financial assets.
• C)A financial investment that has fixed or determinable payments, but is not quoted in an active market.
• D)A financial investment acquired for the purpose of selling in the near term.

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Definitions:

Behavior Categories

Classifications used to systematically organize and understand the various types of actions or reactions of individuals or groups.

Absolute Set

A complete collection of distinct objects or elements, often referred to in mathematics or logic, without any elements missing.

Supporting Behavior

Behaviors or actions that provide assistance, encouragement, or facilitation towards achieving an objective or improving a situation.

Leader-Subordinate Relationships

The dynamic and interactions between leaders and their followers, affecting motivation, job satisfaction, and performance within an organization.