Examlex
Which of the following statements is true?
Trading Investments
Securities bought and held primarily for selling in the short term to profit from price differences.
Realized Gain
The profit made from selling an asset at a higher price than its purchase cost.
Fair Values
the estimated market value of an asset or liability, based on current prices in an open and competitive market.
Temporary Investments
Investments in stocks, bonds, or other securities that a company intends to sell within a short period, typically one year.
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