For each of the following financial asset classifications shown in the left column, identify the combinations of
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Accounting classification = Type of financial instrument + Business model Control FVPL Equity FVOCI Joint control of net assets Debt Amortized cost Significant influence Associate Derivatives To realize changes in value Joint venture To collect contractual cash flows Joint operations Joint control of assets and joint obligation for liabilities Subsidiary To sell financial assets and collect contractual cash flows
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Accounting classification Type of financial instrument Business model FVPL Equity Debt ...View the full answer
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