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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 12: Reporting and Analyzing Investments
  5. Question
    Under Both the Fair Value Model and the Amortized Cost
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Under Both the Fair Value Model and the Amortized Cost

Question 81

Question 81

True/False

Under both the fair value model and the amortized cost model, investments are adjusted upwards or downwards to reflect their fair value at year end.

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