CFA Practice Question

There are 334 practice questions for this study session.

CFA Practice Question

The U.S. GAAP require equity investments to be measured at:
A. fair value through net income
B. fair value through other comprehensive income
C. it depends on the categorization (held to maturity, trading, available for sale) of such investments.
Explanation: Under U.S. GAAP, the three categories apply only to debt securities.

User Contributed Comments 1

User Comment
Calvinboca Does GAAP allow non-debt to be held at AFS?
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