Question: What is a long - term investment? Multiple select question. Notes receivable and stock and bond investments are assets that are expected to be held

What is a long-term investment?
Multiple select question.
Notes receivable and stock and bond investments are assets that are expected to be held for more than one year.
Long-term investments are long-term resources that usually lack physical form.
Long-term investments are sometimes referred to as noncurrent investments.
Long-term investments are used to produce or sell products and services.

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