Question: Why might a manager intentionally classify a trading security as an available-for-sale security? The manager may wish to prevent a decline in value from being
Why might a manager intentionally classify a trading security as an available-for-sale security? The manager may wish to prevent a decline in value from being reported on the income statement The manager may wish to prevent an increase in value from being reported on the income statement The manager may wish to prevent a decline in value from being reported in shareholders' equity The manager may wish to prevent an increase in value from being reported in shareholders' equity
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