Under the fair value through other comprehensive income method, investments are can be reported as long term assets:

Question

Quizplus · Accepted Answer

Under the fair value through other comprehensive income method, investments are reported as long-term assets depending on marketability and management intent. The determination of whether an investment is long-term depends on the entity's intent to hold the investment for an extended period and the marketability of the investment. If management intends to hold the investment for an extended period, and the investment is not expected to be sold in the near future, the investment is classified as a long-term asset.

Under the Fair Value Through Other Comprehensive Income Method, Investments