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test 2 quiz 4 - income 4 Held to maturity securities are...

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Chapter 5 questions 1. Trading marketable securities: D: on market to market each accounting period 2. The classification of marketable equity securities as trading or available for sale is determined by: a. Management’s intent regarding the disposition of the security 3. The equity method of accounting for investments requires: B: Pro- rata share of inestee’s earnings should be recorded as investment
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Unformatted text preview: income 4. Held to maturity securities are equity securities that management intends and has the ability to hold to maturity False, they arent equities. Equity securities dont mature 5. When using the current rate method to record foreign -true...
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