Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

Which one of the following statements with regard to marketable securities is incorrect?

A. In the trading portfolio of marketable equity securities, unrealized gains and losses are recorded on the income statement.

B. In the available-for-sale portfolio of marketable equity securities, unrealized gains and losses are recorded on the income statement.

C. The held-to-maturity portfolio consists only of debt securities.

D. Securities may be transferred from the held-to-maturity to the available-for-sale portfolio.

user-image
Question ajoutée par Utilisateur supprimé
Date de publication: 2015/02/22
ايمن محمد عاطف محمد
par ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

B. In the available-for-sale portfolio of marketable equity securities, unrealized gains and losses are recorded on the income statement

Iftikhar Hussain Shah
par Iftikhar Hussain Shah , Senior Manager Audit & Assurance , Deloitte LLP

Option B is incorrect. Gain loss on AzFS investment is recognized in statement of other comprehensive income.

More Questions Like This