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    Business
  3. Study Set
    Financial Accounting A User Perspective
  4. Exam
    Exam 6: Cash, Temporary Investments, and Accounts Notes Receivable
  5. Question
    The Unrealized Gain or Loss Recognized When Valuing Temporary Investments
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The Unrealized Gain or Loss Recognized When Valuing Temporary Investments

Question 64

Question 64

True/False

The unrealized gain or loss recognized when valuing temporary investments at their fair market value is reported on the income statement.

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