Management's Statement That a Marketable Security Is a Long-Term Investment

question 41

True/False

Management's statement that a marketable security is a long-term investment may be the only evidence available to support classifying the investment as a non-current asset.

---

Definitions:

Limit Napping

The practice of reducing the duration or frequency of daytime sleep sessions to improve nighttime sleep quality or manage sleep disorders.

Nucleic Acid

Biomolecules essential for all known forms of life, including DNA and RNA, which store and transmit genetic information.

Structure

The arrangement or organization of parts to form an object, system, or concept.

Year

A period of time consisting of 365 days, or 366 in a leap year, used for measuring the passage of time.