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Buying Insurance

Question 1 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

Long-term investments tie up money for .

Answer
A
more than one year
B
less than one year

Explanation

Long-term investments are assets a business expects to hold for more than one year. Because the money remains committed beyond the next year, the correct choice is “more than one year.”

AI-written and checked against the verified answer.

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