Long-term investments in held-to-maturity debt securities are accounted for using the:
A)Fair value method with fair value adjustment to income.
B)Fair value method with fair value adjustment to equity.
C)Cost method without amortization.
D)Cost method with amortization.
E)Equity method.

Question

Quizplus · Accepted Answer

Long-term investments in held-to-maturity debt securities are accounted for using the cost method without amortization.

Long-Term Investments in Held-To-Maturity Debt Securities Are Accounted for Using