A weakness of ___(insert from below)____ is that firms can increase or decrease net income by choosing to sell particular investments with net unrealized gains or unrealized losses:

Question

Quizplus · Accepted Answer

Under the available-for-sale approach, firms can manipulate net income by choosing when to sell investments with unrealized gains or losses, as these are only recognized in income upon sale.

A Weakness of ___(Insert from Below)____ Is That Firms Can

A Weakness of _(Insert from Below)__ Is That Firms Can