Abala Corporation purchased one hundred $1,000 bonds.The corporation intends to hold the bonds until they mature in two years.This investment is characterized as ________ securities.
A) held-to-maturity
B) discretionary
C) trading
D) available-for-sale
Correct Answer:
Verified
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Q239: Comprehensive income is the total of all
Q240: Comprehensive income is _.
A)income earned by a
Q242: Comprehensive income includes all changes in equity
Q243: Available-for-sale securities are _.
A)investments the company may
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Q245: Comprehensive income includes _.
A)revenues,expenses,and extraordinary items
B)unrealized gains
Q246: Investments in debt and equity securities that
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