Which of the following investment securities held by Zoogle Inc.may be classified as held-to-maturity securities in its balance sheet?
A)Debt securities.
B)Equity securities.
C)Common stock.
D)All of these are correct.

Question

Quizplus · Accepted Answer

Held-to-maturity securities are debt securities that a company possesses with the intention of holding them until maturity. Therefore, option A, which specifically mentions debt securities, would be the only correct choice for held-to-maturity securities. Options B and C are not debt securities and are not typically classified as held-to-maturity. Option D is incorrect as not all of the investment securities listed would be classified as held-to-maturity.

Which of the Following Investment Securities Held by Zoogle Inc