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Equity investments that are accounted for under the cost model will result in: Question 6 options: recognition of dividend income only when actually received. expensing

Equity investments that are accounted for under the cost model will result in: Question 6 options: recognition of dividend income only when actually received. expensing transaction costs when incurred. recognition of a gain or loss in net income at disposal. recognition of a gain or loss in other comprehensive income at disposal.Under the fair value through other comprehensive income model, unrealized gains and losses are: Question 7 options: recognized in net income. recognized in other comprehensive income. recognized in either net income or other comprehensive income. ignored

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