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If a decline in a security's value is judged to be temporary, a company needs to write down the cost basis of the individual security
If a decline in a security's value is judged to be temporary, a company needs to write down the cost basis of the individual security to a new cost basis.
a. True
b. False
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Answer False Explanation If a decline in a securitys value is judged to be temporary a company needs ...
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