Which of the following statement(s) is (are) true about reporting held to maturity securities?
I. Investments in debt securities that are classified as held to maturity are reported at amortized cost.
II. Interest revenue on debt securities that are classified as held to maturity are recognized as other comprehensive income.
III. The market value of investments in debt securities that are classified as held to maturity must be disclosed.
a.
I and II
b.
I and III
c.
I, II, and III
d.
I only
e.
II and III
