Examlex
Which keyboard shortcut toggles through the types of reference options?
Available-for-Sale Securities
Financial assets that are neither classified as held-for-trading nor held-to-maturity, and whose value is subject to change; gains and losses are typically reported in other comprehensive income.
Fair Market Value
The price at which an asset would change hands between a willing buyer and a willing seller, both having reasonable knowledge of all relevant facts and neither being under compulsion to buy or sell.
Unrealized Increase
The increase in value of an asset that has not yet been sold or cashed in, thus not yet resulting in actual income.
Recognition
In accounting, recognition refers to the process of including an item in the financial statements of an entity, acknowledging it as an asset, liability, revenue, or expense.
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