Long-Term Investments Cannot Include

question 184

Multiple Choice

Long-term investments cannot include:

• A) Securities with maturity dates within one operating cycle.
• B) Available-for-sale equity securities.
• C) Held-to-maturity debt securities.
• D) Equity securities giving an investor significant influence over an investee.
• E) Available-for-sale debt securities.

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Definitions:

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

Emotional Stability

A personality trait characterized by the ability to remain calm and composed, especially in stressful situations.

Relaxed

A state or condition of being free from tension, stress, or anxiety, often associated with a calm and peaceful environment or demeanor.

Unworried

Pertains to a state of not being anxious or concerned.