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    Auditing and Assurance
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    Exam 15: Assets, Liabilities and Equity Related to the Financing Cycle
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    Debt Securities
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Debt Securities

Question 59

Question 59

Multiple Choice

Debt securities:


A) are carried at fair value on the balance sheet.
B) are carried at amortized cost on the balance sheet.
C) Either "a" or "b" depending on management's intentions.
D) None of the above.

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