Question: What reporting approach do companies use for available - for - sale securities that reduces the volatility of net income? They report the securities at

What reporting approach do companies use for available-for-sale securities that reduces the volatility of net income?
They report the securities at the amortized cost on the balance sheet and report them at fair value in the Fair Value
Adjustment account.
They report the securities at fair value on the balance sheet but do not report changes in the Fair Value Adjustment account
until the securities are sold.
They report the securities at fair value on the balance sheet but do not report changes in fair value as part of net income
until after the securities are sold.
They report the securities at fair value in the Fair Value Adjustment account but do not report the securities on the balance
sheet until after the securities are sold.
What reporting approach do companies use for available-for-sale securities that reduces

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