Available-For-Sale Debt Securities Are

Multiple Choice

Available-for-sale debt securities are:

A) Recorded at cost and remain at cost over the life of the investment.
B) Reported at historical cost,adjusted for the amortized amount of any difference between cost and maturity value.
C) Reported at fair value on the balance sheet.
D) Intended to be held to maturity.
E) Always classified as Long-Term Investments.