Marketable securities that are held until the due date of the securities are:
A)trading securities.
B)available-for sale securities.
C)held-to-maturity securities.
D)trading and held-to-maturity securities.

Question

Quizplus · Accepted Answer

Marketable securities that are held until the due date of the securities are classified as held-to-maturity securities. Trading securities are bought and sold for the purpose of short-term profit, while available-for-sale securities can be sold at any time.

Marketable Securities That Are Held Until the Due Date of the Securities