NSC Corporation Has Invested in 10% of the Outstanding Shares

question 80

Multiple Choice

NSC Corporation has invested in 10% of the outstanding shares of VC Corporation. NSC intends to actively manage this investment for profit. This investment is classified as:

• A) an available-for-sale security.
• B) a held-to-maturity security.
• C) a held-for-trading security.
• D) a significant influence security.
• E) a controlling influence security.

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Definitions:

Drug Therapy

The treatment of disease or disorder through the administration of pharmaceutical drugs.

Style of Life

A concept in psychology, especially within Adlerian theory, referring to an individual's unique way of achieving personal goals and dealing with life's challenges.

Inferiority Feelings

Emotions of inadequacy or insignificance stemming from a real or imagined comparison to others.

Motivating Force

The innate or developed factors that stimulate and direct behavior towards achieving personal or collective goals.