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Trading securities are: Multiple Choice Always classified as Long-Term Investments. Intended to be held to maturity. Reported at fair value on the balance sheet. Recorded

Trading securities are:

Multiple Choice

  • Always classified as Long-Term Investments.

  • Intended to be held to maturity.

  • Reported at fair value on the balance sheet.

  • Recorded at cost and remain at cost over the life of the investment.

  • Reported at historical cost, adjusted for the amortized amount of any difference between cost and maturity value.

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