If an Investment Is to Be Held Only for a Short

question 27

Multiple Choice

If an investment is to be held only for a short time,it should be classified on the balance sheet as a ________.

• A)current liability
• B)noncurrent asset,which appears in a separate investments category
• C)noncurrent asset,which appears as part of other assets below the plant assets category
• D)current asset
• E)liquid asset

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Definitions:

Soil Chemicals

Substances prevalent in the soil which include minerals, organic matter, and various nutrients essential for plant growth.

Range Of Tolerance

The various environmental conditions within which a particular species can survive, beyond which the organism may suffer stress or death.

Recycle Nutrients

The process of breaking down organic matter and converting it into nutrients that can be used again by plants, contributing to the sustainability of ecosystems.