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An Unrealized Loss on a Marketable Security Means That The

Question 37

Multiple Choice

An unrealized loss on a marketable security means that the:


A) historical cost of the security is less its current market value.
B) current market value of the security exceeds its original cost.
C) historical cost of the security exceeds its current market value.
D) value of the security at the time of sale exceeded the historical cost of the security.

Correct Answer:

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