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    Accounting Principles
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    Exam 16: Investments
  5. Question
    If the Fair Value of an Available-For-Sale Security Exceeds Its
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If the Fair Value of an Available-For-Sale Security Exceeds Its

Question 150

Question 150

True/False

If the fair value of an available-for-sale security exceeds its cost the security should be written up to fair value and a realized gain should be recognized.

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