Under ASC 825, which financial instrument is measured at fair value with changes in fair value reported in OCI
Under ASC 825, which financial instrument is measured at fair value with changes in fair value reported in OCI?
A. Trading securities
B. Available-for-sale debt securities
C. Held-to-maturity debt securities
D. Equity securities with no readily determinable fair value
Answer: B
Explanation: ASC 825-10-35-1: Available-for-sale debt securities report unrealized gains/losses in OCI. Trading securities go to net income.
