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    Business
  3. Study Set
    Financial Accounting Study Set 1
  4. Exam
    Exam 10: Long-Term Assets Ii: Investments and Intangibles
  5. Question
    Changes in the Fair Value of a Long-Term Available for Sale
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Changes in the Fair Value of a Long-Term Available for Sale

Question 2

Question 2

Multiple Choice

Changes in the fair value of a long-term available for sale equity securities portfolio should be reported as a component of


A) Other comprehensive income
B) Noncurrent assets
C) Noncurrent liabilities
D) Net income

Correct Answer:

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