A Realized Gain on Temporary Investments

question 39

Multiple Choice

A realized gain on temporary investments:

• A)occurs when the investment increases in price and the company still holds it.
• B)is the difference between the selling price of the investment and its original purchase price.
• C)is the difference between the selling price of the investment and the most recent carrying value of the investment when the investment is sold.
• D)occurs when the investment recovers in price to their original cost if a loss was previously recorded.

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Definitions:

Future

A period of time that has yet to occur, often considered in terms of the potential for change or development.

Psychologist

A professional trained in the science of how people think, feel, behave, and interact with others, often providing therapy and counseling services.

Emotionally Disturbed

A classification that refers to individuals displaying extreme behavioral or emotional responses not typical for their age, impacting their social and educational functioning.

Case Studies

Case studies are in-depth investigations of a single person, group, event, or community, often used in psychology to explore complex issues in real-life contexts.