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    Exam 15: Specimen Financial Statements: Pepsico, Inc
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    The Valuation of Available-For-Sale Debt Securities Is Similar to the Procedures
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The Valuation of Available-For-Sale Debt Securities Is Similar to the Procedures

Question 160

Question 160

True/False

The valuation of available-for-sale debt securities is similar to the procedures followed for trading debt securities, except that changes in fair value are not recognized in current income.

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