Question: Which statement is false Securities transfered from trading to available for sale category is done at fair value An equity security classified as held to

Which statement is false

Securities transfered from trading to available for sale category is done at fair value

An equity security classified as held to maturity is carried at fair value

Increases in value of available for sale securities is accounted for in other comprehensive income

Normally equity securities representing 25% ownership are accounted for using the equity method

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