An Advantage of Using the Fair Value Through Other Comprehensive

Multiple Choice

An advantage of using the fair value through other comprehensive income is that

A) the effect on other comprehensive income is reported in the income statement.
B) unrealized gains and losses are not used to evaluate management.
C) unrealized losses must be reversed, but unrealized gains are ignored for that security.
D) unrealized gains must be reversed, but unrealized losses are ignored for that security.