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What is true in respect of classification of Investments in the balance sheet of a company? |
Investments are also classified into current and non-current categories Investments expected to realise within twelve months are considered as current investments under current assets Investments expected to realise after twelve months are considered as non-current investments under non-current assets. All of the above |
All of the above |
The correct answer is option 4- All of the above. As per Schedule III of the Companies Act 2013, the Investments are also classified into current and non-current categories. Investments expected to realise within twelve months are considered as current investments under current assets. Others are classified as non-current investments under non-current assets. Both are however shown on the face of the balance sheet. |
