Investments in trading securities and available-for-sale securities are valued at market value at year end because
A) the current market price is relevant and reliable
B) the current market price is accurate and reliable
C) the current market price is relevant and accurate
D) the current market price is not relevant and reliable for these investments
E) the cost is not relevant and reliable for these investments
F) both A and E
G) both B and C
H) both D and E
Correct Answer:
Verified
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