Multiple Choice
For which of the following items are the effects always shown in net income in the period they occur?
A) Changes in a company's estimates of the impact of changing life expectancy on its pension obligations.
B) Changes in the market value of a company's short-term investment in various stocks.
C) Changes in foreign currency exchange rates, for a company with foreign subsidiaries.
D) Changes in the market value of bonds that the company intends to hold until they mature.
Correct Answer:
Verified
Correct Answer:
Verified
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