Long-term investments include:
A)Investments in bonds and stocks that are not readily convertible to cash or not intended to be converted to cash in the short term.
B)Investments in marketable stocks that are intended to be converted into cash in the short-term.
C)Investments in marketable bonds that are intended to be converted into cash in the short-term.
D)Only investments readily convertible to cash.
E)Investments intended to be converted to cash within one year.

Question

Quizplus · Accepted Answer

Long-term investments are investments that are not intended to be converted to cash in the short-term. This includes investments in bonds and stocks that are not readily convertible to cash or are intended to be held for a long period of time. Therefore, choice A is the best answer.

Long-Term Investments Include