Only FVTPL and Amortized Cost Investments Are Considered Passive Investments

question 14

True/False

Only FVTPL and amortized cost investments are considered passive investments.

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Definitions:

Reactor Core Meltdown

A severe nuclear reactor accident characterized by the melting of the core components, leading to potential radiation release.

Fossil Fuels

Natural fuels such as coal, oil, and natural gas, formed from the fossilized remains of ancient plants and animals.

Coal

A combustible black or brownish-black sedimentary rock used primarily as a fuel in the production of electricity and heat, formed from plant remains over millions of years.

Oil

A viscous liquid derived from petroleum, used as fuel and in the manufacture of various goods.