U.S. GAAP and IFRS require firms to account for debt securities designated as held to maturity by not recognizing _____ but might recognize _____
a. increases in fair value (unrealized gains); decreases in fair value (unrealized losses)
b. decreases in fair value (unrealized losses); increases in fair value (unrealized gains)
c. increases in future value (unrealized gains); decreases in future value (unrealized losses)
d. decreases in future value (unrealized losses); increases in future value (unrealized gains)
e. increases in future value (realized gains); decreases in future value (realized losses)
A
You might also like to view...
In an accrual accounting system,
a. all accounts have normal debit balances. b. a debit entry is recorded on the left-hand side of an account. c. liabilities, owner's capital, and dividends all have normal credit balances. d. revenues are recorded only when cash is received.
_______ reinforcement is a reward for a constructive action.
A. Positive B. Negative C. Alternative D. Egalitarian E. Temporary
A gift promise requires the promisee to provide consideration
Indicate whether the statement is true or false
Riker Co is considering which of 4 different projects to undertake in order to maximize its net present value (NPV). Define Xi as a binary variable that equals 1 if project i is undertaken and 0 otherwise, for
i = 1, 2, 3, 4. The NPV and required capital (in millions) for each project are listed below. Project Net Present Value Capital Required 1 60 7 2 50 10 3 40 6 4 20 3 Which of the following represents the constraint(s) stating that project 1 must be undertaken and at least one of the other projects must be undertaken? A) X1 + X2 ? 1, and X1 + X3 ? 1, and X1 + X4 ? 1 B) X1 ?1, and X2 + X3 + X4 ? 1 C) X1 + X2 ? 1, and X1 + X3 ? 1, and X1 + X4 ? 1 D) X1 ?1, and X2 + X3 + X4 ? 3 E) X1 + X2 + X3 + X4 ? 2