Long-term investments:
A. Can include funds designated for a special purpose, or investments in land not used in the company's operations.
B. Are current assets.
C. Are expected to be converted into cash within one year.
D. Include only equity securities.
E. Must be readily convertible to cash.
Answer: A
You might also like to view...
List and briefly describe the three major methods used to estimate the size of a sales force
What will be an ideal response?
What costs are incurred as needed to support the production of each type of product?
a. Unit–level costs b. Batch–level costs c. Facility–level costs d. Product–level costs
The face value of a term bond is payable at a single specific date in the future
Indicate whether the statement is true or false
Which of the following is an example of an external database in the data warehouse model?
A. Marketing information B. Competitor information C. Sales information D. All of these