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Abala Corporation purchased one hundred $1,000 bonds.The corporation intends to hold the bonds until they mature in two years.This investment is characterized as ________ securities.
Work In Process
Items that are in the production process but are not yet complete; a component of inventory costs.
Economic Order Quantity
A calculation used to determine the most cost-effective quantity of stock to order, balancing ordering costs with stock holding costs.
Acquisition Cost
The total expense incurred to acquire an asset, including the purchase price and all related costs.
Inventory Stock
Goods or materials that a business holds for the ultimate goal of resale.
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