The Realization Requirement Gives an Incentive to Own Assets That

question 78

True/False

The realization requirement gives an incentive to own assets that have increased in value and to sell assets whose value has decreased.

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Definitions:

Biased Sample

A sample that does not accurately represent the population from which it's drawn, often due to a selection process that favors certain characteristics.

Representative

Someone who stands in or acts on behalf of others, often in a political, sales, or customer service capacity.

Ethnocentric

The conviction that one's own ethnicity or culture is superior to all others.

Exclusionary

Pertaining to the act or policy of excluding certain people or groups from participating in an activity, institution, or society.