Question: A ) They are recorded at cost when acquired. B ) They are valued at fair value. C ) They report a realized gain (
A They are recorded at cost when acquired.
B They are valued at fair value.
C They report a realized gain or loss in a permanent asset account, Fair Value AdjustmentStock.
D They report any unrealized gain or loss in the income statement.
E They are adjusted to fair value at the end of each period
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