Question: When using the fair value option to account for non-current liabilities such as bonds payable, an unrealized holding gain or loss is going to be

When using the fair value option to account for non-current liabilities such as bonds payable, an unrealized holding gain or loss is going to be credited when: Oa The fair value of the bond is lower than the carrying value of the bond Ob The fair value of the bond is higher than the carrying value of the bond OcNone of the given answers Od. The facevalue of the bond is lower than the carrying value of the bond O e The face value of the bond is higher than the carrying value of the bond

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