An Error Alarm Is a Message Box That Displays a Message

question 111

True/False

An error alarm is a message box that displays a message of varying severity. _________________________

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Definitions:

Unrealized Gains and Losses

Profits or losses that arise from changes in the value of investments or assets that have not yet been sold or realized.

Other Comprehensive Income

A component of shareholders' equity, consisting of income that is not realized and hence not included in the net income (loss), such as unrealized gains or losses on available-for-sale securities.

GAAP

Generally Accepted Accounting Principles, which are a set of rules and standards for financial reporting used in the United States.

Amortized Cost

The progressive reduction of a debt or the cost of an intangible asset over a specified time period.