U.S. Generally Accepted Accounting Principles require that a company adjust ________ of available-for-sale securities to ________ at the end of each accounting period.

Question

Quizplus · Accepted Answer

Under U.S. GAAP, available-for-sale securities are adjusted to their fair value at the end of each accounting period, and any unrealized gains or losses are reported in other comprehensive income.

US Generally Accepted Accounting Principles Require That a Company Adjust