IXCs in packet switching networks can be

Debt securities not classified as held-to-maturity or trading securities. Companies report available-for-sale securities at fair value, but do not report changes in fair value as part of net income until after they sell the security. Interest on available-for-sale securities is recorded when earned. Unrealized holding gains and losses on available-for-sale debt securities are recognized as other comprehensive income and as a separate component of stockholders' equity.

(a) time value (b) strike (exercise) price (c) available-for-sale securities (d) amortized cost

A cash budget is often more valuable as a LONG-term rather than a SHORT-TERM financial forecasting vehicle

Indicate whether the statement is true or false