Which of the following is the most accurate? Non-strategic investments are purchased to generate investment income Preferred shares and common shares are debt instruments. Non-strategic investments maintain a long-term operating relationship with another company Strategic investments are always short-term investments. Question 2 (1 point) Saved Listen Short-term and long-term debt instruments purchased to earn interest are reported at O amortized cost. unamortized cost. cost fair value Question 3 (1 point) Listen For companies reporting under IFRS, debt instruments purchased to trade are reported on the balance sheet at cost. fair value. lower of cost or market. amortized cost