Question : The term ‘investment’ is used for ‘Non-Current Investments’. Trade Investments are also treated as ………
Option 1: Current assets
Option 2: Non–current assets
Option 3: Cash and cash equivalent
Option 4: Tangible assets
Answer (1)
23rd Jan, 2024
Correct Answer: Non–current assets
Solution : Answer = Non–current assets
The term 'investment' typically refers to non-current investments, including trade investments, which are held for long-term purposes such as earning dividends or capital appreciation. These assets are classified as non-current because they are not intended for immediate sale or conversion into cash. Trade investments are also treated as non-current assets.
Hence, the correct option is 2.
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