38 38 Question 1 (12 points) 33 SP 34 39 33 31 30 1.1 Access BP Annual Report 2020 (Blackboard/Weekly Modules/Midterm Exam/Part 2). Answer the following questions and provide a reference to the page (from the Report) to support your answer. 1.1. Using Notes on Financial Statements (#1 Significant accounting policies, judgements, estimates and assumptions): Which valuation approach is used for initial recognition of the financial assets? Provide at least two examples (names only) of different types of financial assets (from measurement approach perspective) 1.2. Using Notes on Financial Statements, determine the reportable segments and briefly describe each business segment. TW 15 12 24 " 12