Answered

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At the most, you should only keep purchase records of the actual dollar cost of your investments.

A. TRUE
B. FALSE

Sagot :

GinnyAnswer

Final answer:

Investments require fair value estimates based on market prices, not just historical costs.


Explanation:

False. When it comes to investments, fair value is crucial. Historical cost is replaced with fair value estimates based on market prices, especially for publicly traded investments like stocks. This allows for a more accurate representation of the investment's worth.


Learn more about investment valuation here:

https://brainly.com/question/34795317


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