If a Security Is Not Classified as Held-To-Maturity or Trading,then

question 149

True/False

If a security is not classified as held-to-maturity or trading,then it is classified as an available-for-sale security.

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Definitions:

Orientation

An introduction or adjustment to a new environment, situation, or concept.

Nature

The inherent qualities or characteristics of a person or thing; also refers to the physical world and its biological processes.

Interests

The stakes or investments that individuals or groups have in a particular issue, outcome, or situation.

Personal Intervention

Direct and personal involvement in attempting to alter a situation or outcome.