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Which accounts on balance sheet are moving toward fair value

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Reference no: EM131529542

Question: 1. Is the "available-for-sale" category for debt and equity securities used in SFAS No. 115 a homogeneous category?

2. Based on your reading of this chapter, plus your general knowledge of accounting standards, identify as many examples as you can of measurement flexibility in the statement of financial position.

3. Which accounts on the balance sheet are moving toward current or fair value?

Reference no: EM131529542

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