Which of the following is a difference between trading securities and available$-$for$-$sale securities$?$

Multiple choice question.

Available$-$for$-$sale securities include fair value adjustments and trading securities do not.

incorrect

Trading securities include fair value adjustments and available$-$for$-$sale securities do not.

Fair value adjustments are recognized in net income for trading securities and in OCI for available$-$for$-$sale securities$.$

Fair value adjustments are recognized in OCI for trading securities and in net income for available$-$for$-$sale securities$.$