Figure 2-3 -Refer to Figure 2-3.What Are Two Elements Not Included in Not

question 48

Short Answer

Figure 2-3
-Refer to Figure 2-3.What are two elements not included in this figure that could be included in a more complex model?

---

Definitions:

Available-For-Sale

A classification for securities that are not held to maturity or for trading purposes, with unrealized gains or losses reported in equity.

Carrying Value

The stated value of an asset on a company's balance sheet, minus accumulated depreciation or amortization.

Available-For-Sale

A classification for financial assets indicating they are not primarily held for trading purposes or expected to be sold in the short-term, allowing for changes in value to be recorded in other comprehensive income.

Amortized Cost

The initial investment amount of a financial asset or liability adjusted for principal repayments and, if applicable, the cumulative effect of using the effective interest method.