FSA: cost, equity and consolidation method

when they say “There is (isn’t) realized gain/loss” for a security, usually which kind of action could incur realized gain/loss? if there is realized gain/loss, will that explicitly showed on the statement as “realized gain (loss)”? or we need to infer from other item, if so, what items we will make our inference based on? Thanks.

If there is a realized gain / loss, it will be included on the income statement. Or they might just ask you some hypothetical questions and tell you that whether or not there is realized gain or loss (ie there’s a realized gain on available for sale securities + X amount dividends, what is the effect on the income statement)