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Which of the following is true regarding investments in equity securities ( assume no significant influence or control ) ? Management s intent doesn t

Which of the following is true regarding investments in equity securities (assume no significant influence or control)?
Managements intent doesnt impact the classification of investments in equity securities.
If managements intent is to hold the securities and not sell them anytime soon, they should be classified as available-for-sale securities.
If managements intent is to hold the securities and not sell them anytime soon, they should be classified as held-to-maturity securities.
If managements intent is to sell the securities relatively soon, they should be classified as available-for-sale securities.

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