Trading Investment(s)

question 47

Multiple Choice

Trading investment(s)

• A)may be a source of comprehensive income when unrealized gains and losses are recorded.
• B)are always classified as current assets.
• C)are not a source of comprehensive income but a source of always classified as long-term assets.
• D)unrealized gains and losses are recorded differently under the fair value through profit or loss model as realized gains and losses.

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Definitions:

Probability

A mathematical measure of the likelihood of a particular event occurring, expressed as a number between 0 and 1.

Successive Approximations

A method in behavioral psychology where rewards are given for behaviors that increasingly resemble the target behavior.

Shaping

Rewarding successive approximations of a desired behavior.

Rewarding

Providing a positive reinforcement following desirable behavior, thereby increasing the likelihood of the behavior's recurrence.