Which of the following is not a true statement about the accounting for debt investments?

A) At acquisition the historical cost principle applies.
B) The cost includes any brokerage fees.
C) Debt investments include investments in government and corporation bonds.
D) The cost includes any accrued interest.

Debt Investments

Financial assets representing money lent to an entity (corporate or governmental) that must be paid back with interest.

Historical Cost

The original monetary value of an asset, as recorded on the balance sheet, without adjustments for inflation or market changes.

Brokerage Fees

Charges imposed by a brokerage firm for facilitating transactions, such as buying or selling securities, for its clients.