An Investment Is a Held-To-Maturity Investment in Bonds If It

question 112

True/False

An investment is a held-to-maturity investment in bonds if it is management's intent to sell the investment before the maturity date.

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Definitions:

Business Entity Assumption

An accounting principle that treats a business as an independent entity separate from its owners for accounting and legal purposes.

Business's Assets

Resources owned by a company that have economic value and can be used to meet debts, commitments, or legacies.