Examlex
Which of the following is NOT an indicator of deceptive behavior?
Financial Statements
Documented accounts that describe an enterprise's monetary operations and situation, featuring the balance sheet, income statement, and cash flow statement.
Available-For-Sale Securities
Available-For-Sale Securities are financial assets that are not classified as held-to-maturity or trading securities. These can be sold in response to liquidity needs or changes in interest rates, market conditions, or investment strategies.
Fair Value
The estimated market value of an asset or liability, based on current market conditions rather than historical cost.
Trading Securities
Financial assets such as stocks or bonds, bought and held primarily for the purpose of selling them in the near term to realize short-term gains.
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