Any unrealized gain or loss for the portfolio of available-for-sale securities is reported as a component of other comprehensive income.

Name: Any unrealized gain or loss for the portfolio of available-for-sale securities is reported as a component of other comprehensive income.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

According to accounting standards, any unrealized gain or loss for the portfolio of available-for-sale securities is reported as a component of other comprehensive income until they are sold or disposed of.

Any Unrealized Gain or Loss for the Portfolio of Available-For-Sale