Non-Strategic Investments That Are Intended to Be Held Longer Than

question 116

Multiple Choice

Non-strategic investments that are intended to be held longer than one year are reported on the balance sheet in the

• A)Current asset section
• B)Intangible asset section
• C)Non-current section called long-term investments
• D)Plant and equipment section
• E)Same section as held-for-trading investments

---

Definitions:

Conquer

To overcome or take control by force, often used in the context of battles or competitions.

Obtain

To acquire or gain possession of something through effort, purchase, or request.

Teenagers

Young people generally between the ages of 13 and 19, characterized by developmental changes in physical, psychological, and social areas.

Drug

Any substance other than food that affects the body or mind.