Which type of securities are purchased with the intent of selling them in the near future?

Question

Quizplus · Accepted Answer

Trading securities are purchased with the intent of selling them in the near future, usually within days or weeks. These securities are actively traded and their value is reported on the balance sheet at fair value, with any changes in value recognized in the income statement. Marketable equity securities and available-for-sale securities are held for investment purposes and may be sold in the future, but not necessarily in the near term. Held-to-maturity securities are debt securities that are held until maturity and are not actively traded.

Which Type of Securities Are Purchased with the Intent of Selling