If an Available-For-Sale Investment Is Sold for Which There Are

question 159

Multiple Choice

If an available-for-sale investment is sold for which there are unrealized losses in accumulated other comprehensive income (AOCI) ,the total effect on total comprehensive income is:

• A)An increase.
• B)A decrease.
• C)No effect.
• D)Cannot be determined given this information.

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Definitions:

Intervening Cause

An event that occurs after a defendant's act, significantly contributing to an outcome or damage, thus potentially relieving the defendant of liability.

Actual Cause

The direct reason or factor that produces an effect, leading to a specific outcome or event.

Reasonableness of Risk

The assessment of whether the risk of harm in a situation is justified under the circumstances.

Magnitude

The size, extent, or importance of something, often used in reference to quantitative measurements or perceived impact.