Securities that are purchased with the intent of selling, Ask an Expert

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Securities that are purchased with the intent of selling them in the near future to take advantage of short-term price changes are classified as:

A. Securities available for sale.

B. Consolidating securities.

C. Held-to-maturity securities.

D. Trading securities.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9443424

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