Question
If a company does not have the ability to hold Debt Securities to maturity, which of the following methods can one use as per GAAP?
If a company does not have the ability to hold Debt Securities to maturity, which of the following methods can one use as per GAAP?
A. Held-to-Maturity
B. Trading
C. Available -for-Sale
| B only | ||
| A & B | ||
| C only | ||
| All of the above--A & B & C
|
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Managerial Accounting
Authors: John Wild, Ken Shaw
6th Edition
9781259726972
