When considering the effects on the financial statements of classifying an investment as either FVTPL or FVTOCI all of the following statements are true, except:
A) the value of the investment on the balance sheet will be the same under either classification.
B) the interest or dividend income included in net income will be the same under either classification.
C) while holding the investment the retained earnings will be the same under either classification.
D) while holding the investment the total shareholders' equity will be the same under either classification.
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