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fifadaniel fifadaniel
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Posts: 291
6 years ago
A separate fair value adjustment account is typically used to reflect the difference between the fair value and the cost of the investment so as to avoid excessive changes in the investment account itself.
[True or False]
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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hello5197hello5197
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Posts: 202
6 years ago
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fifadaniel Author
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6 years ago
Such a godsend, you helped me and my friend big time
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