ECONOMICS
FINANCIAL MARKETS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
1 year
|
|
|
2 year
|
|
|
3 year
|
|
|
4 year
|
Detailed explanation-1: -A. Current Investments – Current Investments are investments which by their nature are readily realizable and are intended to be held for less than a year from the date when such investment is done.
Detailed explanation-2: -Long-term assets (also called fixed or capital assets) are those a business can expect to use, replace and/or convert to cash beyond the normal operating cycle of at least 12 months. Often they are used for years. This distinguishes them from current assets, which companies typically expend within 12 months.
Detailed explanation-3: -investment ceases to be an associate or a joint venture as follows: (a) If the investment becomes a subsidiary, the entity shall account for its investment in accordance with Ind AS 103, Business Combinations, and Ind AS 110. (ii) the carrying amount of the investment at the date the equity method was discontinued.