Chapter C, Problem 1QS

Which of the following statements a through g are true of long-term investments’?
____ a. They can be considered cash equivalents.
____ b. They can include assets not used in operations, such as investments in land.
____ c. They can include investments in trading securities.
____ d. They can include debt securities held-to-maturity.
_____e. They are always easily sold and therefore qualify as being marketable.
____ f. They can include debt securities available-t&-sale.
____ g. They can include bonds and stocks not intended to be sold in the near future.