Which of the Following Statements Is False

question 21

Multiple Choice

Which of the following statements is false?

• A)Trading securities are short-term investments with unrealized gains and losses due to changes in market value that are recognized in the income statement.
• B)The unrealized gains and losses from changes in market value of available-for-sale securities are not recognized in the income statement,but rather are carried in a separate account in the stockholders' equity section.
• C)Held-to-maturity securities are always classified as long-term investments.
• D)Available for sale securities are accounted for at market value.
• E)Held-to-maturity securities are accounted for at amortized cost.

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Definitions:

Trait Approach

A perspective in psychology that focuses on the identification and measurement of specific personality traits in order to understand human behavior.

Psychodynamic

Pertains to a psychological approach that emphasizes unconscious psychological processes (for example, wishes and fears of which we're not fully aware), and contends that childhood experiences are crucial in shaping adult personality.

Social Cognitive

Pertaining to the understanding and application of how thoughts, beliefs, and cognitive processes influence social behavior and learning.

Humanistic

A psychological approach that emphasizes personal worth and the uniqueness of individuals, focusing on self-actualization and personal growth.