Financial assets
(a. )Briefly explain what is meant by the term "financial assets."
(b. )List the three major categories of assets comprising a company's financial assets.For each category,indicate the basis for valuation in the balance sheet.

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The Answer of Financial assets
(a. )Briefly explain what is meant by the term "financial assets."
(b. )List the three major categories of assets comprising a company's financial assets.For each category,indicate the basis for valuation in the balance sheet.

Financial Assets (A. )Briefly Explain What Is Meant by the Term "Financial