An Unrealized Gain or Loss on Fair Value Through Profit

question 36

True/False

An unrealized gain or loss on fair value through profit or loss securities is reported as a separate component of equity.

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Definitions:

Fat

Substance that consists mainly of triglycerides. See saturated fat, unsaturated fat.

Dense Regular Connective Tissue

A type of connective tissue with collagen fibers aligned in parallel, providing high tensile strength in one direction, found in tendons and ligaments.

Tendons

Fibrous connective tissues that attach muscles to bones, transmitting the force created by muscle contraction to the skeleton to enable movement.

Ligaments

Ligaments are tough, fibrous connective tissues that connect bones to other bones, providing support and limiting joint movement.