Available-for-sale securities are ________.
A)investments the company may hold or sell
B)investments in debt securities that a company plans to hold until the securities mature
C)investments in debt and equity securities that a company has purchased to make a short-term profit
D)discretionary investments with a specific maturity date

Question

Quizplus · Accepted Answer

Available-for-sale securities are investments that a company can hold or sell depending on the market conditions and the company's financial needs. These securities are not classified as either held-to-maturity or trading securities, making them an intermediate category of investments.

Available-For-Sale Securities Are ________