Equity or debt securities held to finance future construction of additional plants should be classified on a statement of financial position as
A. current assets.
B. property, plant, and equipment.
C. non-current investments.
D. intangible assets.
Answer:C
Equity or debt securities held to finance future construction of additional plants should be classified on a statement of financial position as
A. current assets. B. property, plant, and equipment. C. non-current investments. D. intangible assets.