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The Following Information Is Available for an Enterprise's Security Investments

question 47

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The following information is available for an enterprise's security investments as of December 31,2014:
The following information is available for an enterprise's security investments as of December 31,2014:    -In June 2015,the enterprise decided to reclassify the Flash bonds as securities available-for-sale.The bonds had a market value of $31,000 at the time of the reclassification. What amount of holding gain or loss is immediately recognized in 2015 earnings? A)  $2,000 gain B)  $3,000 gain C)  $1,000 gain D)  $1,000 loss
-In June 2015,the enterprise decided to reclassify the Flash bonds as securities available-for-sale.The bonds had a market value of $31,000 at the time of the reclassification. What amount of holding gain or loss is immediately recognized in 2015 earnings?


Definitions:

Episodic Memory

A category of long-term memory that involves the recollection of specific events, situations, and experiences, including the context and emotions associated with them.

Personally Experienced Events

Events or occurrences that an individual personally encounters or undergoes, contributing to their personal history and memory.

Explicit Memory

A type of long-term memory involving the conscious recollection of factual information, previous experiences, and concepts.

Eidetic Memory

The rare ability to recall images, sounds, or objects in memory with great precision and detail, often referred to as photographic memory.

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