At the end of each accounting period,trading debt securities must be adjusted and reported at fair value.

Question

Quizplus · Accepted Answer

This statement is true. Trading debt securities must be adjusted and reported at fair value at the end of each accounting period. This is in accordance with accounting standards (such as U.S. GAAP or IFRS) which require financial instruments to be reported at fair value for transparency and accuracy in financial reporting.

At the End of Each Accounting Period,trading Debt Securities Must