Available-for-sale securities are debt securities that the company purchases with the intent to hold them until they mature.

Name: Available-for-sale securities are debt securities that the company purchases with the intent to hold them until they mature.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Available-for-sale securities are debt or equity securities that the company purchases with the intent to hold them for an indefinite period of time or until a better opportunity arises. They are not necessarily held until they mature.

Available-For-Sale Securities Are Debt Securities That the Company Purchases with the Intent