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Available-For-Sale Securities

Question 4

Multiple Choice

Available-for-sale securities:


A) are reported on the balance sheet at original cost.
B) may have unrealized price increases or decreases, which increase or decrease shareholders' equity.
C) are reported in the shareholders' equity section of the balance sheet at fair value.
D) may have unrealized gains or losses on the income statement associated with price increases or decreases.

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