All of the following are conditions that could affect the valuation of investments on the balance sheet except
A)changes in the general purchasing power of the dollar.
B)changes in the operations of investee companies.
C)changes in the market value or fair value of the investments.
D)changes caused by the passage of time.

Question

Quizplus · Accepted Answer

Changes in the general purchasing power of the dollar may affect the economy and the market, but they do not directly affect the valuation of investments on the balance sheet. The other options directly impact the value of investments.

All of the Following Are Conditions That Could Affect the Valuation