Changes in the Market Value of Trading Securities Are Reflected

question 10

Multiple Choice

Changes in the market value of trading securities are reflected in the ________ account.Changes in the market value of available-for-sale securities are reflected in the ________ account.

• A)equity in earnings of investment; retained earnings
• B)retained earnings; equity in earnings of investment
• C)retained earnings; other comprehensive income or loss
• D)other comprehensive income or loss; retained earnings

---

Definitions:

Personality Theory

A system of concepts and assumptions used to understand and explain individual differences in behavior and personality traits.

Lasting Impact

A lasting influence or effect that continues to have significance or consequences over a long period.

Revolting

Describing an intense reaction of disgust or rebellion.

Dissecting Frogs

A common laboratory practice in biology and anatomy studies to explore and understand the internal and external structures of amphibians, especially frogs.