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Question(s) / Instruction(s):

7. When an investor sells shares of its investee company, which of the following statements is true?(Points : 1)
        A realized gain or loss is reported as the difference between selling price and original cost
        An unrealized gain or loss is reported as the difference between selling price and original cost
        A realized gain or loss is reported as the difference between selling price and carrying value
        An unrealized gain or loss is reported as the difference between selling price and carrying value
        Any gain or loss is reported as part as comprehensive income

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