Unrealized Gains or Losses on Available-For-Sale Securities Are Reported Where

question 116

Multiple Choice

Unrealized gains or losses on available-for-sale securities are reported where in the financial statements?

• A) Nowhere since only realized gains are reported.
• B) In the "Other revenues and gains" or "Other expenses and losses" sections of the income statement.
• C) Below extraordinary items in the income statement.
• D) In the stockholders' equity section of the balance sheet.

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Definitions:

Internal State

The condition or situation within an organism or object, often referring to physiological or emotional states not visible externally.

Extinction

The elimination or suppression of a response caused by the discontinuation of reinforcement or the removal of the unconditioned stimulus.

S-R Association

Stands for Stimulus-Response Association, which refers to the connection formed between a specific stimulus and a consequent response in behaviorism.

Guthrie

Edwin Ray Guthrie was a behavioral psychologist known for his theory that learning is a direct association between stimulus and response, occurring in a single trial without reinforcement.