Unrealized Holding Gains or Losses Which Are Recognized in Income

question 124

Multiple Choice

Unrealized holding gains or losses which are recognized in income are from securities classified as

• A) held-to-maturity.
• B) available-for-sale.
• C) trading.
• D) None of these answers are correct.

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Definitions:

Wechsler

A reference to David Wechsler, a psychologist who developed several widely used intelligence tests, including the Wechsler Adult Intelligence Scale (WAIS).

MMPI

Stands for Minnesota Multiphasic Personality Inventory, a standardized psychometric test used for psychiatric diagnosis and personality assessment.

Stanford-Binet

An intelligence test that measures five factors of cognitive ability: Fluid Reasoning, Knowledge, Quantitative Reasoning, Visual-Spatial Processing, and Working Memory.

WAIS

The Wechsler Adult Intelligence Scale, a widely used test designed to measure a person's intellectual ability.