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    Financial Accounting Study Set 3
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    Exam 12: Reporting and Interpreting Investments in Other Corporations
  5. Question
    An Unrealized Holding Gain Is Reported Within Other Comprehensive Income
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An Unrealized Holding Gain Is Reported Within Other Comprehensive Income

Question 32

Question 32

True/False

An unrealized holding gain is reported within other comprehensive income when the fair value of a trading security exceeds its cost.

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