Any Unrealized Gain or Loss for the Portfolio of Available-For-Sale

question 171

True/False

Any unrealized gain or loss for the portfolio of available-for-sale securities is reported on the income statement in the other gain or loss section.

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Definitions:

Hunter-Gatherer Societies

Social and economic systems based on the hunting of wild animals and gathering of wild plants for subsistence.

Hunting Weapons

Tools and devices designed and used by humans to catch or kill wildlife.

Homo Sapiens Sapiens

The scientific name for modern humans, representing the species that is the only surviving member of the genus Homo.

Slash-And-Burn Cultivation

A traditional farming method that involves the cutting and burning of plants in a forest or woodland to create a field called a swidden.