Long-Term Investments

question 42

Multiple Choice

Long-term investments:

• A)Are current assets.
• B)Can include funds designated for a special purpose,or investments in land not used in the company's operations.
• C)Must be readily convertible to cash.
• D)Are expected to be converted into cash within one year.
• E)Include only equity securities.

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Definitions:

Pathogens

Microorganisms that cause disease in their host, including viruses, bacteria, fungi, and parasites.

Influenza

A contagious respiratory illness caused by influenza viruses, leading to symptoms like fever, cough, and aches.

Antibodies

Substances formed by white blood cells that recognize and destroy antigens.