Question: Choose from the drop down menu the model being described: fair value through profit and loss, fair value through other comprehensive income, cost, or amortized

Choose from the drop down menu the model being described: fair

Choose from the drop down menu the model being described: fair value through profit and loss, fair value through other comprehensive income, cost, or amortized cost model. a. Investments are valued at fair value and the unrealized gains are reported on the statement of income. b. The investment never earns dividend income. C. Unrealized gains and realized gains are reported initially in the same manner. d. Used for debt investments only. e. Investment income under this model arises only from dividend income and realized gains that are reported on the statement of income. Companies must make a specific election to use this model on an investment-by-investment basis. f

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