CFA Practice Question

There are 334 practice questions for this study session.

CFA Practice Question

Investment securities are reported on a balance sheet at fair value for:

A. Trading Securities = Yes, Securities Available-For-Sale = No.
B. Trading Securities = Yes, Securities Available-For-Sale = Yes.
C. Trading Securities = No, Held-to-Maturity Securities = Yes.
Correct Answer: B

User Contributed Comments 1

User Comment
quanttrader trading securities and securities available for sale can be reported on balance sheet at fair value. Held-to-maturity securities must be recorded at cost.
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