Examlex
Which of the following statements is incorrect?
Temporary Investment
Short-term investments made with the intention of converting them into cash within a short period, usually one year or less.
Long-Term Investment
Financial investments that are not expected to be liquidated within a year and are held for growth, income, or speculative purposes.
Investor's Income
The income earned by an investor from their investment portfolio, including dividends, interest, and capital gains.
Equity Method
An accounting technique used for recording investments in which the investor has significant influence over the investee but does not have full control.
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