When a Year-End Adjustment Is Made to Reduce the Available-For-Sale

question 174

Essay

When a year-end adjustment is made to reduce the available-for-sale securities portfolio to market, what effect, if any, will the adjustment have on the balance sheet and the income statement?

---

Definitions:

Intention To Act

A mental state that represents a commitment to carrying out an action or actions in the future.

Subjective Norms

Beliefs about the social pressures to perform or not perform a particular behavior, which can influence an individual's actions.

Perceived Behavioral Control

An individual's belief in their capability to exert control over their own behavior.

Transtheoretical Model

A theory of behavioral change that describes five stages individuals go through to change their behavior: precontemplation, contemplation, preparation, action, and maintenance.