Marketable securities can be further classified as _____.
A)trading securities and available-for-sale securities
B)available-for-sale securities and unavailable securities
C)debt securities and equity securities
D)current securities and long-term securities

Question

Quizplus · Accepted Answer

Marketable securities can be further classified into two categories: trading securities and available-for-sale securities. Debt securities and equity securities are types of securities while current securities and long-term securities are categories based on their maturity. Available-for-sale securities can also be either current or long-term. Unavailable securities is not a recognized classification.

Marketable Securities Can Be Further Classified as _____