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    Accounting What the Numbers Mean Study Set 1
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    Exam 5: Accounting for and Presentation of Current Assets
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    Trading and Available-For-Sale Securities Are Reported on the Balance Sheet
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Trading and Available-For-Sale Securities Are Reported on the Balance Sheet

Question 15

Question 15

Multiple Choice

Trading and Available-for-Sale securities are reported on the balance sheet at:


A) net realizable value.
B) historical cost.
C) weighted average cost.
D) market value.

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