A company should report its portfolio of trading securities at its market value.

Question

Quizplus · Accepted Answer

According to accounting standards, a company should report its portfolio of trading securities at their market value on the financial statements. This is because trading securities are held with the intention of being sold in the near future, and their value can fluctuate quickly. Therefore, it is important to report them at their current market value to provide accurate information to investors and other stakeholders.

A Company Should Report Its Portfolio of Trading Securities at Its