The heart attack triggers in a Type A personality are impatience, ambition, and being work driven

Which of the following is a condition to record an investment as an available-for-sale security?

A) The investor plans to hold the debt security until it matures. B) The investor should have a significant interest in the voting stock of the investee. C) It must be a debt security. D) The ownership in the voting stock of the investee should be less than 20 percent.

When using the effective-interest amortization method, the amount of the interest payment is calculated using the face value of the bonds and the stated interest rate

Indicate whether the statement is true or false