Unrealized Holding Gains Flow Through Income or OCI for FVTOCI

question 46

True/False

Unrealized holding gains flow through income or OCI for FVTOCI investments.

---

Definitions:

Great Depression

A severe worldwide economic downturn that took place during the 1930s, leading to high unemployment, acute deflation, and widespread poverty.

Deported

The act of officially removing a foreigner from a country, typically for breaking the law or as a result of immigration violations.

Ethnic Group Identification

The awareness and connection individuals feel with a group sharing common cultural, linguistic, or ancestral traits.

Emotional Support

Assistance provided by an individual that addresses the emotional and psychological needs of another, aiming to uplift, reassure, or offer companionship.