1. Investments in debt and equity securities that are held for current resale by banks and stockbrokerage firms are termed a. available-for-sale securities b. trading securities c. held-to-maturity securities d. marketable securities

20.Investments in debt securities are classified into the following categories according to management's intention: Select one: a."To hold until maturity", "available for sale" and "to trade". b. "To retain until maturity" and "to negotiate" c. All are classified as "to hold until maturity". d. "To retain until maturity" and "Available for sale".

Debt securities include Oa. common stock Ob. preferred stock O c. notes and bonds O d. All of these choices

Among the following five types of investments: Held-to-maturity, debt investment Trading, debt investment Available-for-sale, debt investment Trading, equity investment Available-for-sale, equity investment unrealized holding gains or losses are recognized in income for securities classified as (Enter 1, 2, 3, or 4 that represents the correct answer): c, e a, b, c b, d b, c, d, e

Unrealized gains/losses of trading securities and available-for-sale securities investment are reported on the Balance sheet as part of Investment. Income statement and accumulated other comprehensive Income respectively. Income statement. Accumulated other comprehensive Income.

Define debt securities and equity securities.  Include their similarities and differences in your discussion.

22.   Investments in debt securities made to generate trading gains are classified as:   Multiple Choice   trading securities.   available-for-sale securities.   minority securities.   held to maturity securities.

How are gains and losses on Available for Sale (AFS) securities recorded?

Held-to-maturity securities:   A. All of these choices. B. include stocks as well as bonds. C. may be reported as current or noncurrent assets. D. are reported at fair market value.

Realized gains and losses are recorded on the incomestatement for which of the following transactions in trading securities and available-for-sale securities?a. When adjusting trading securities to fair value.b. When adjusting available-for-sale securities to fair value.c. Only when recording the sale of trading securities.d. When recording the sale of either trading securities oravailable-for-sale securities