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2) Which one is false? a. Holding gain or loss for trading and available for sale securities are reported on income statement. b. Generally cash

2) Which one is false? a. Holding gain or loss for trading and available for sale securities are reported on income statement. b. Generally cash equivalents include the investments purchased within three months of their maturity value. c. trading securities are in current assets, but securities available for sale and securities held to maturity can be in long-term assets (non current) d. Holding gain or loss for trading securities are estimated at the end of every accounting period

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