Equity or debt securities designated by the investor intended to be held for a short period of time are usually classified as

Question

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Short-term investments that are intended to be bought and sold for profit within a short period of time are classified as trading securities. Trading securities are reported at fair value on the balance sheet, and any unrealized gains or losses are recognized in net income. Available-for-sale securities are held for a longer period of time and not actively traded, while fair value and adjusted historical cost securities are not widely recognized classifications.

Equity or Debt Securities Designated by the Investor Intended to Be