The following terms were introduced in this chapter: 1. Strategic investments 2. Non-strategic investments 3. Trading investments

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The following terms were introduced in this chapter:

1. Strategic investments
2. Non-strategic investments
3. Trading investments
4. Debt investments reported at amortized cost

Match each term with the following definitions:

(a) Debt securities that are held to earn interest income
(b) Investments purchased to influence or control another company
(c) Debt or equity securities that are bought and held for sale in the near term at a profit
(d) Investments purchased mainly to generate investment income

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Accounting Principles Part 3

ISBN: 978-1118306802

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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