- CFA Exams
- CFA Level I Exam
- Topic 3. Financial Statement Analysis
- Learning Module 13. Analysis of Financial Institutions
- Subject 2. Analyzing a Bank: The CAMELS approach
CFA Practice Question
The U.S. GAAP require debt securities for trading to be measured at:
B. fair value through net income
C. fair value through other comprehensive income
A. amortized cost
B. fair value through net income
C. fair value through other comprehensive income
Correct Answer: B
A applies to held to maturity debt securities, and C applies to available for sale debt securities.
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