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Unrealized gains or losses occur when A. a company adjusts assets from cost value to book value. B. a company adjusts assets from fair value

Unrealized gains or losses occur when

A. a company adjusts assets from cost value to book value.

B. a company adjusts assets from fair value to cost value.

C. a company adjusts assets from book value to fair value.

D. a company adjusts assets from fair value to book value.

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