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Increases in the market price of short-term investments become gains on the income statement; decreases become losses. Do you agree? Explain. Fill in: Choose 1

"Increases in the market price of short-term investments become gains on the income statement; decreases become losses." Do you agree? Explain.

Fill in: Choose 1

(No, Yes) This statement is true for (available-for-sale securities, held-to-maturity securities, trading securities), but not for (available-for-sale securities or held-to-maturity securities, trading securities)

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