The generally accepted accounting principles for trading securities include all of the following except
A) initially recording the investment at cost.
B) subsequently valuing the investment at fair value.
C) including unrealized holding gains and losses as a component of shareholders' equity.
D) including interest and dividend revenue as part of income.
C
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Which of the following conditions does NOT create a stigmatized property that may or may not be disclosed under the laws of some states?
A) A murder occurred on the property. B) The property was the site of gang-related activity. C) The owner of the property has AIDS. D) A suicide occurred on the property.
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Indicate whether the statement is true or false.