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10. Rex Banggawan Co, acquires investment in stocks of Darrell Joe Asuncion. The investment will be held for trading and it gives Rex neither significant

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10. Rex Banggawan Co, acquires investment in stocks of Darrell Joe Asuncion. The investment will be held for trading and it gives Rex neither significant influence nor control over Darrell. Rex will most likely measure the investment A. at fair value through profit or loss C. using the equity method B. at amortized cost D. at historical cost

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