Long-term available-for-sale investments are adjusted to fair value at the end of each accounting period.

Name: Long-term available-for-sale investments are adjusted to fair value at the end of each accounting period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Long-term available-for-sale investments are reported at fair value on the balance sheet, and any changes in fair value are recorded in other comprehensive income. Therefore, they are adjusted to fair value at the end of each accounting period.

Long-Term Available-For-Sale Investments Are Adjusted to Fair Value at the End