Long-term investments include:
A)Investments 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 intended to be held for an extended period, typically more than one year. These types of investments are not readily convertible to cash or not intended to be converted to cash in the short term. Examples of long-term investments include real estate, mutual funds, retirement accounts, and certain types of stocks and bonds. Therefore, the best choice for long-term investments is A.

Long-Term Investments Include