Available-for-sale securities are securities bought and held primarily for sale in the near term to generate income on short-term price differences.

Name: Available-for-sale securities are securities bought and held primarily for sale in the near term to generate income on short-term price differences.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Available-for-sale securities are not held primarily for sale in the near term, but rather for longer-term gain, and are marked to market periodically but not necessarily sold in the short term.

Available-For-Sale Securities Are Securities Bought and Held Primarily for Sale