Trading securities are ________.
A)investments the company may hold or sell
B)investments in debt securities that a company plans to hold until the securities mature
C)investments in debt and equity securities that a company has purchased to make a short-term profit
D)discretionary investments with a specific maturity date

Question

Quizplus · Accepted Answer

Trading securities are investments in debt and equity securities that a company has purchased to make a short-term profit. Option A is incorrect because the company may choose to sell the securities instead of holding. Option B is incorrect because it only refers to debt securities and not all types of securities. Option D is incorrect because trading securities do not necessarily have a specific maturity date.

Trading Securities Are ________