ourses/19506/quizzes/39472/take Miceat fifc toenPunt10 ham enee MPiant 4 Ovetimn

Question

ourses/19506/quizzes/39472/take Miceat fifc toenPunt10 ham enee MPiant 4 Ovetimne teg Wereken 0 Question 4 4. Unrealized gains or losses occur when A. a company adjusts assets from cost value to took value O B. a company adjusts assets from fair value to cost value O C, a company adjusts assets from book value to fair value OD. a company adjusts assets from fair value to book value. Question 5 5. All of the following are reported as other comprehensive income except A gains or losses from bost rctirement benefit plans B foreien currency translation aduestments C. unrealized holding gains or losses on held-to-maturity investricn D. deterred pains or losses from derivatives

Explanation / Answer

4. Unrealized gains or losses occur when Answer is C. a company adjusts assets from book value to fair value. Unrealized gain or loss is hypothetical in nature when asset are stated at market price. 5. All of the following are reported as other comprehensive income except Answer is C. unrealized holdings gain or losses on held to maturity investment Unrealized holding gains and losses on securities available for sale is reported as other comprehensive income.

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