Which of the Following Is True of Available-For-Sale (AFS)investments

question 101

Multiple Choice

Which of the following is true of available-for-sale (AFS) investments?

• A)They are always reported as current assets in the balance sheet.
• B)They are always reported as long-term assets in the balance sheet.
• C)They are reported as current assets on the balance sheet only if the business expects to sell them within the first two years.
• D)They are reported as long-term assets on the balance sheet only if they are planned to be held for longer than a year.

---

Definitions:

Analytical Report

A document that presents detailed analysis and evaluation of a specific issue or problem, often used in business or research.

Conclusions

The final part of something, typically a document, presentation, or thought process, summarizing the main points or outcomes.

AIDA

An acronym for Attention, Interest, Desire, Action; a marketing model that outlines the stages a consumer goes through before making a purchase.

Writing Format

The structure, style, and layout guidelines used when composing a document or text.