Equity or debt securities held to finance future construction of additional plants should be classified on a statement of financial position as
A)current assets.
B)property, plant, and equipment.
C)non-current investments.
D)intangible assets.
Financial Position and Cash Flows 5 - 11

Question

Quizplus · Accepted Answer

Equity or debt securities held for future construction are classified as non-current investments because they are intended for long-term use rather than immediate liquidity or operational purposes.

Equity or Debt Securities Held to Finance Future Construction of Additional