All investments in debt securities NOT classified as trading securities or held-to-maturity securities are classified as:
A)debt securities.
B)equity securities.
C)marketable securities.
D)available-for-sale securities.

Question

Quizplus · Accepted Answer

Investments in debt securities that do not meet the requirements to be classified as trading or held-to-maturity securities are typically classified as available-for-sale securities. This classification allows for the recognition of unrealized holding gains and losses in other comprehensive income, rather than recognizing them in net income.

All Investments in Debt Securities NOT Classified as Trading Securities