5. The investments of a VHWO are carried at fair value. At the end of the period, there is a decrease in total fair value. The fair value decrease should a. not be recorded until the loss is realized....

5. The investments of a VHWO are carried at fair value. At the end of the period, there is a decrease in total fair value. The fair value decrease should

a. not be recorded until the loss is realized.

b. be debited to Realized Loss on Pooled Investments.

c. be debited to Endowment Fund Balance.

d. be debited to Net Decrease in Carrying Value of Investments.