CFA Practice Question

There are 534 practice questions for this study session.

CFA Practice Question

If a company holds a stock that is closely held (not publicly traded) and there is no market or a limited market at best for the stock, how should the company classify this investment?
Correct Answer: Long-term investment

User Contributed Comments 5

User Comment
yonghui first ,it is a assets; second , it is in long time cannot sale to other or sale it maybe very pesky
Spawellian this fits the bill for most equities at the moment :-)
uformula good one Spaw; the banks have loads of em
nayagan Why not other assets?
johntan1979 Available-for-sale securities
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