1.67 points In recognizing a decline in the fair value of long-term stock investments, an unrealized loss account is debited because O management cannot determine the exact amount of the loss in value. the loss should not be shown on the income statement. o the stock has not been sold. O management intends to realize this loss in the very near future. 1.67 points Stock investments accounted for under the cost method should be reported on the financial statements as O a long-term investment. O an intangible asset. o either a current asset or long-term investment, depending on the intention of management. a current asset