Question: Trading ( debt ) securities are: Multiple Choice Recorded at cost and then reported at fair value on the balance sheet. Intended to be held

Trading (debt) securities are:
Multiple Choice
Recorded at cost and then reported at fair value on the balance sheet.
Intended to be held to maturity.
Always classified as Long-Term Investments.
Recorded at cost and then reported at cost over the life of the investment.
Reported at historical cost and then adjusted for the amortized amount of any difference between cest and maturity value.
Trading ( debt ) securities are: Multiple Choice

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