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Basic Question 10 of 11

Under what condition would a firm report marketable securities as a long-term asset?

I. When funds are set aside for a specific long-term purpose such as plant expansion
II. When the value of a firm's investment in marketable securities is less than its cost
III. When a firm maintains excess trading securities
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User Contributed Comments 1

User Comment
vatsal92 When marketable securities are held for long term purposes or capital investment purposes.
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

explain the financial reporting and disclosures related to financial instruments

CFA® 2024 Level I Curriculum, Volume 2, Module 3.