Whether investments are reported as current or noncurrent assets depends on the company's intent.

Name: Whether investments are reported as current or noncurrent assets depends on the company's intent.
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Question

Quizplus · Accepted Answer

Investments can be reported as current or noncurrent assets depending on the company's intent. If the company intends to sell the investments in the near future, they are classified as current assets. If the company intends to hold them for longer than a year, they are classified as noncurrent assets.

Whether Investments Are Reported as Current or Noncurrent Assets Depends