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Which of the following statement is the most true A) Both Trading and Available for sale securities should be reported at fair value with unrealized
Which of the following statement is the most true A) Both Trading and Available for sale securities should be reported at fair value with unrealized gain or loss reported in the income statement. B) Available for sales securities always classified as long term C) If short term securities are not traded in active market they should be reported at COST. D) All of the above statements are true.
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