The investment classification on the statement of financial position normally includes investments that are intended to be held for a short period of time (less than one year).

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Investments classified on the statement of financial position typically include both short-term investments (intended to be held for less than one year) and long-term investments (intended to be held for more than one year). The classification depends on the intent and capability of the entity regarding the holding period of the investments.

The Investment Classification on the Statement of Financial Position Normally