An Unrealized Gain or Loss on Non-Trading Securities Is Reported

An unrealized gain or loss on non-trading securities is reported as a component of equity

A) because this discloses to the financial statement user the gain or loss that would result if the securities were sold at fair value.
B) because this treatment reduces the volatility of net income due to fluctuations in value.
C) in a line item either called "Reserves" or "Unrealized Gain or Loss."
D) All of these answer choices are correct.