Examlex
Which statement is not true?
Unrealized Gains
Increases in the value of an asset that have not been sold, hence not yet converting the gain into cash.
Available-For-Sale Securities
Financial assets that are purchased with the intention of selling before their maturity date, not held for long-term investment.
Trading Debt Securities
The act of buying and selling debt instruments, such as bonds, in the financial markets as a means of investment or speculation.
Fair Value Adjustment
An accounting process to adjust the book value of an asset or liability to its fair value.
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