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Exam IIA-CFSA topic 2 question 70 discussion

Actual exam question from IIA's IIA-CFSA
Question #: 70
Topic #: 2
[All IIA-CFSA Questions]

Securities available for sale should be reported at current market value. When this type of security has an unrealized gain or loss:

  • A. It is reported on balance sheet
  • B. It is reported on income statement
  • C. It is not reported on income statement
  • D. It is reported on cash flow statement
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Suggested Answer: C 🗳️
by lolojepu at April 5, 2025, 8:26 p.m.

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