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:

Laboratory Research

Systematic investigation and experimentation carried out in controlled conditions to study phenomena or test hypotheses.

Business Research

The process of collecting data and analyzing information to identify and solve business problems, making informed decisions.

Largest Share

The highest proportion or percentage of ownership, interest, or allocation.

Total Business

The complete range of commercial, industrial, or professional activities conducted by an organization or in an economy.