Unrealized Gains and Losses from Long-Term Available-For-Sale Investments Arise From

question 30

Multiple Choice

Unrealized gains and losses from long-term available-for-sale investments arise from:

• A)the purchase of an investment.
• B)the sale of the investment.
• C)changes in the fair value of the investment.
• D)investor's share of investee's net income or net loss.

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Definitions:

Machine-hours

A measure of the amount of time machines are used in the production process, often used as an allocation base for applying manufacturing overhead.

Job T629

A unique identifier for a specific job, task, or project within a job-order costing system, potentially representing a particular order or production batch.

Machine-hour

A unit of measure representing the operation of machinery for one hour, often used as a basis for allocating manufacturing overhead costs.

Job Cost

A method used in accounting to track the costs associated with a specific job or order, capturing materials, labor, and overhead expenses.