the cost method . 11- Multiple Choice Question 41
Which of the following is not a true statement regarding short-term debt investments ?
Investments are frequently government or corporate bonds . The securities usually pay interest .
This type of investment must be currently traded in the securities market .
Debt investments are recorded at the price paid less brokerage fees . 12- Multiple Choice Question 81 Revenue is recognized when cash dividends are received under the cost method . the equity method . the controlling interest method . both the cost and equity methods . 13- Multiple Choice Question 145 An unrealized loss on non-trading securities is closed-out at the end of the accounting period .