Question

A security is a freely marketable and the investor has an intention to hold it for dividend income purposes for a period of 15 months only. Under which head, which you classify this?

A Current Investment Correct Answer Incorrect Answer
B Long Term Investment Correct Answer Incorrect Answer
C Long Term Operating Asset Correct Answer Incorrect Answer
D Current Asset Correct Answer Incorrect Answer
E Receivables Correct Answer Incorrect Answer

Solution

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