Any Unrealized Gain or Loss for the Portfolio of Available-For-Sale

question 165

True/False

Any unrealized gain or loss for the portfolio of available-for-sale securities is reported as a component of other comprehensive income.

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Definitions:

Fundamental Attribution

The tendency to overemphasize personality traits and underestimate situational factors when explaining others' behavior.

Reciprocity

A mutual exchange of privileges, benefits, or actions between people, where one's action leads to a response of a similar kind.

Social Loafing

The occurrence in which people put in less effort to reach an objective while working as part of a team compared to when they are working individually.

Conformity

The adjustment of one's behavior or beliefs to match those of others, typically in response to real or imagined social pressure.