Which of the Following Transfers Increase Net Income

question 53

Multiple Choice

Which of the following transfers increase net income?

• A)transferring an unrealized gain from the available-for-sale account to the trading securities account
• B)transferring an unrealized loss from the available-for-sale account to the trading securities account
• C)transferring an unrealized gain from the held-to-maturity account to the trading securities account
• D)transferring an unrealized holding gain from the trading securities account to the available-for-sale account
• E)transferring an unrealized holding loss from the trading securities account to the available-for-sale account
• F)both A and B
• G)both A and E
• H)both C and D

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Definitions:

Propositions

Statements or assertions that express a judgment or opinion.

Predicate

The part of a sentence or clause containing a verb that states something about the subject.

Spreading Activation Model

A cognitive theory suggesting ideas in the brain are connected in a network, and thinking about one concept can trigger related concepts.

Vegetable

A plant or part of a plant used as food, typically consumed for its savory qualities in the culinary context.