You Are Given the Coordinates 128 E Longitude, 45 N

question 58

Multiple Choice

You are given the coordinates 128 E longitude, 45 N latitude. This is an example of a

• A) mathematical location.
• B) placename on the grid system.
• C) situation on the grid system.
• D) mathematical grid interchange.
• E) site-situation intersection.

Understand the transition from the fair value method to the equity method of accounting.

Describe the characteristics and accounting treatments of derivatives and hedges.

Distinguish between the classifications of marketable securities and their reporting requirements.

Account for the changes in fair value of investments and their impacts on financial statements.