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Question 2 0.5 pts For financial reporting purposes, any increase or decrease in the fair market value of a company's investment in trading securities is:
Question 2 0.5 pts For financial reporting purposes, any increase or decrease in the fair market value of a company's investment in trading securities is: To be reported in the balance sheet as an unrealized gain or loss until the security is sold, at which point it will be reported as a realized gain or loss on the income statement. To be directly reported as a realized gain or loss on the income statement. To be only disclosed as a required supplemental disclosure until the security is sold, at which point it will be reported as a realized gain or loss on the income statement To be reported in the income statement as an unrealized gain or loss until the security is sold, at which point it will be reported as a gain or loss on the income statement
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