Asked by
Simone Valencia
on Oct 16, 2024
Verified
Long-term investments include investments in land or other assets not used in a company's operations.
Long-term Investments
Investments made by a company intended to be held for a period exceeding one year, often in bonds, stocks, or real estate.
- Become proficient in identifying and applying accounting treatments to both short-term and long-term investment portfolios.
Verified Answer
AS
Learning Objectives
- Become proficient in identifying and applying accounting treatments to both short-term and long-term investment portfolios.