Which of the following is required by accounting standards for the presentation and disclosure of investments in marketable securities?

Question

Quizplus · Accepted Answer

Accounting standards require investments in marketable securities to be classified as trading, available-for-sale, or held-to-maturity. This classification determines the method of accounting for the investment and the presentation and disclosure requirements on the financial statements. B, C, and D are not accounting standards requirements for the presentation and disclosure of investments in marketable securities.

Which of the Following Is Required by Accounting Standards for the Presentation