If a company elects to use the fair value option for a financial asset at...
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Accounting
If a company elects to use the fair value option for a financial asset at the initial acquisition date, unrealized gains and losses at year end are reported as part of other comprehensive income. True False 
If a company elects to use the fair value option for a financial asset at the initial acquisition date, unrealized gains
and losses at year end are reported as part of other comprehensive income.
True
False
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