Question: Which statement is TRUE? A. Availableforsale securities are debt securities only. B. Heldtomaturity securities are reported as longterm assets only. C. Heldtomaturity securities are debt

Which statement is TRUE?

A.

Availableforsale

securities are debt securities only.

B.

Heldtomaturity

securities are reported as

longterm

assets only.

C.

Heldtomaturity

securities are debt securities only.

D.

Trading securities are debt securities only.

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