1.After initial recognition, using ASPE, an entity should measure debt securities at

Multiple Choice

• Present value

• Future cash flows

• Fair value through profit and loss

• Cost

• Amortized cost

• 2.

  Strategic investments that occur when the investor can significantly influence the strategic operating, investing, and/or financing policies of the investee are called

  Multiple Choice

• Investments in associates

• Joint arrangement

• Proportionate investment

• Business combinations

• Non-strategic investment in bonds

• 3.

  Non-strategic equity investments are accounted for using the

  Multiple Choice

• Fair value method

• Equity method

• Cost method

• Amortized cost method

• Consolidation method