A Composite Data Flow on One Level Can Be Split

question 124

True/False

A composite data flow on one level can be split into component data flows at the next level,but no new data can be added and all data in the composite must be accounted for in one or more subflows.

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Definitions:

Unrealized Gain (Loss)

The increase (gain) or decrease (loss) in the value of investments that a company holds, which have not yet been sold for a profit or a loss.

Long-Term Investments

Assets intended to be held for more than one year, including stocks, bonds, real estate, and other securities.

Consolidated Financial Statements

Financial statements that aggregate the financial information of a parent company and its subsidiaries into one document, presenting the financial position and results of operations of the entire group as a single entity.

Held-To-Maturity Securities

Financial assets purchased with the intention and ability to hold them until a specific maturity date.