Debt investments that are expected to be sold within the near term,with the intent of generating profits on the sale,are called:
A)held-to-maturity debt investments.
B)trading debt securities.
C)available-for-sale debt securities.
D)equity-method investments.

Question

Quizplus · Accepted Answer

Debt investments that are expected to be sold within the near term with the intent of generating profits on the sale are referred to as trading debt securities. These securities are recorded at fair value on the balance sheet, and any changes in the fair value are recognized in the income statement.

Debt Investments That Are Expected to Be Sold Within the near Term,with