Which is the only type of investment that is always classified as short-term?
A)Trading securities
B)Held-to-maturity securities
C)Available-for-sale securities
D)Equity securities

Question

Quizplus · Accepted Answer

Trading securities are always classified as short-term because they are bought and held for the purpose of selling them within a short period of time, usually less than a year. Held-to-maturity securities, available-for-sale securities, and equity securities can be classified as either short-term or long-term depending on the company's intention for holding them.

Which Is the Only Type of Investment That Is Always