Distinguish between the financial statement presentation of unrealized gains and losses related to trading securities and the financial statement presentation of unrealized gains and losses related to available-for-sale securities
Unrealized gains and losses on trading securities appear on the income statement. However, unrealized gains and losses on available-for-sale securities appear as other comprehensive income shown separately or as part of the statement of stockholders' equity.
You might also like to view...
Which of the following is not a responsibility of the database management system?
a. provide an interface between the users and the physical database b. provide security against a natural disaster c. ensure that the internal schema and external schema are consistent d. authorize access to portions of the database
Which of the following is true of the rights-based tradition while approaching an ethical issue in marketing?
A. It attempts to find out about other values that are affected by an exchange. B. It asks to what degree the participants are respected as free and autonomous agents rather than treated simply as means to the end of making a sale. C. It focuses on knowing the degree to which a transaction provided actual as opposed to merely apparent benefits for each participant. D. It focuses on the benefits and costs of each exchange.
Product standardization is becoming increasingly important as a result of longer product lifecycles.
Answer the following statement true (T) or false (F)
At top management team meetings, the CEO consistently praises the sales department but seldom acknowledges the efforts of product development. This creates conflict due to
A. overlapping authority. B. different time horizons. C. task interdependency. D. status inconsistency. E. scarce resources.