The balance sheet account that is usually reported at its fair market value is
A)short-term marketable securities
B)land
C)current liabilities
D)inventory

Question

Quizplus · Accepted Answer

Short-term marketable securities are typically reported at their fair market value on the balance sheet. This is because they are financial instruments that can be easily converted into cash, and their value fluctuates with the market.

The Balance Sheet Account That Is Usually Reported at Its