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Question 28 Long-term investments include: OInvestments that are not readily convertible to cash or not intended to be converted to cash in the short term

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Question 28 Long-term investments include: OInvestments that are not readily convertible to cash or not intended to be converted to cash in the short term Investments in marketable stocks that are intended to be converted into cash in the short-term OInvestments in marketable bonds that are intended to be converted into cash in the short erm O Only investments readily convertible to cash Investments intended to be converted to cash within one year 2pts Question 29 Accounting for long-term investments in equity securities with controlling influence uses the OControlling method OConsolidation method Investor method Investment method Trading method

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