Changes in the Fair Value of a Long-Term Available for Sale

question 2

Multiple Choice

Changes in the fair value of a long-term available for sale equity securities portfolio should be reported as a component of

• A)Other comprehensive income
• B)Noncurrent assets
• C)Noncurrent liabilities
• D)Net income

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Definitions:

Speaker's Appearance

The physical look of a speaker, which can influence audience perception and reception of the message communicated.

Cognitive Dissonance

Cognitive dissonance is a psychological concept describing the discomfort experienced when holding contradictory beliefs, values, or attitudes, typically leading to a change in one of them to reduce the dissonance.

Attitudes

are psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.

Behavior

The actions or reactions of an object or organism, usually in relation to the environment, which can be observed and measured.