Long-term investments include:
A)stocks and bonds that are not liquid or readily convertible to cash.
B)securities that the investor expects to hold longer than one year or operating cycle,whichever is longer.
C)securities reported in the non-current asset section of the balance sheet.
D)all of the above.

Question

Quizplus · Accepted Answer

Long-term investments can include stocks, bonds, and other securities that are not intended to be sold in the short term. These investments are recorded as non-current assets on the balance sheet and are expected to be held for longer than a year or an operating cycle, whichever is longer. Therefore, all of the choices are correct.

Long-Term Investments Include