A Decrease in the Fair Value of a Security That

question 96

Multiple Choice

A decrease in the fair value of a security that has not yet been confirmed by the sale of the security is called a(n)

• A)Contingent loss
• B)Realizable loss
• C)Investment loss
• D)Capital loss
• E)Market loss

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Definitions:

Leniency Contract

An informal agreement where one person agrees to treat another person more leniently or forgivingly than the situation may warrant.

Core Attributes

The fundamental qualities or characteristics that define an entity or concept, central to its identity or function.

Social Impact

The effect that other people have on our attitudes and behaviour, usually as a consequence of factors such as group size, and temporal and physical immediacy.

Convergent-Divergent Theory

explores the ability to generate multiple solutions to a problem (divergent thinking) versus the ability to find the single best solution (convergent thinking).