Question: Fusion Corporation uses the amortization method to account for its servicing assets. Which of the following statements is true? a. Increases in fair value are

Fusion Corporation uses the amortization method to account for its servicing assets. Which of the following statements is true?

a. Increases in fair value are reported in other comprehensive income.

b. Increases in fair value are reported in earnings of the period.

c. The assets are measured at fair value at the end of each reporting period.

d. The assets are measured for impairment at the end of each reporting period.

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