Held-to-maturity securitiesA) are reported at fair valueB) include stocks as well as bondsC) may be reported as current or noncurrent assetsD) all of these

Question

James Newton · Accepted Answer

Final Answer : C, Explanation :  Held-to-maturity securities are reported at amortized cost, not fair value (A is incorrect). These securities are usually bonds, not stocks (B is incorrect). They can be reported as either current or noncurrent assets, depending on their maturity date (C is correct).

Held-to-maturity securities

A) are reported at fair value
B) include stocks as well as bonds
C) may be reported as current or noncurrent assets
D) all of these

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Learning Objectives

Learning Objectives

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