Quiz 12.16 – T/F Fair Value Option: Reclassification of Available-for-Sale Investments

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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The fair value option for available-for-sale investments results in their reclassification as trading securities.

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  • Search Terms: a an as available-for-sale equivalent fair for investment is option reclassifying security. selecting that the to trading value
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