Unrealized Gains and Losses from Long-Term Available-For-Sale Investments Arise From

question 30

Multiple Choice

Unrealized gains and losses from long-term available-for-sale investments arise from:

• A)the purchase of an investment.
• B)the sale of the investment.
• C)changes in the fair value of the investment.
• D)investor's share of investee's net income or net loss.

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Definitions:

Left Subclavian Artery

A major artery that supplies blood to the left arm, neck, and head, originating from the aortic arch.

Hepatic Portal Vein

A vein conveying blood to the liver from the spleen, stomach, pancreas, and intestines.

Hepatic Vein

A vein that drains deoxygenated blood from the liver into the inferior vena cava.

Inferior Vena Cava

A large vein that carries deoxygenated blood from the lower half of the body back to the right atrium of the heart.