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An investment in debt or equity securities may be transferred from one category to another. Assuming the fair value differs from cost at the date of transfer, which of the following will immediately result in reporting an amount on the income statement?
I. Transfer from available-for-sale to trading.
II. Transfer from held-to-maturity to available-for-sale.
III. Transfer from available-for-sale to held-to-maturity.
a. item I only
b. items I and II only
c. items I and III only
d. items II and III only
e. items I, II, and III
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do you think that the commonly held goal of maximizing shareholder wealth forms the basis of identity for our
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Using the ethical approaches you have identified, recommend a plan of action for the company that will help the company remain competitive and avoid such problems in the future.
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