Long-term investments include:

Question

Quizplus · Accepted Answer

Long-term investments are those that are not intended to be converted into cash in the short term. Investments in bonds and stocks that are not readily convertible to cash or not intended to be converted to cash in the short term fit this definition. Choice A and C both include investments that are intended to be converted into cash in the short term, while choice B includes investments intended to be converted to cash within one year, which may not be considered long-term. Choice E is too restrictive, as long-term investments may not be readily convertible to cash.

Long-Term Investments Include