Question: Which statement is true concerning the reporting for equity investments with no significant influence? Select one: a . They are reported at fair value, with

Which statement is true concerning the reporting for equity investments with no significant influence?

Select one:

.

They are reported at fair value, with unrealized changes in value reported in OCI.

.

They are categorized as either trading or available

-

for

-

sale, with unrealized changes in the value of trading securities reported in income, and unrealized changes in the value of AFS securities reported in OCI.

.

They are reported at fair value, with any changes in value reported in income.

.

They are reported at cost

,

with unrealized changes in value reported in OCI.

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