Question $2$

When accounting for investments which of the following is true regarding the fair value

option?

All gains and losses related to the investment are reported in other comprehensive income.

If a company decides to value a held$-$to$-$maturity investment using the fair value option, then all of the

company's held$-$to$-$maturity investments must be accounted for using the fair value option.

If a company chooses to account for an investment using the ar value option, they must continue to

value the investment at fair value until they sell the investment?

If a company chooses to account for an investment using the fair value option, the company can

later change this decision and instead, for instance, use the amortized cost method.