$7.$ Which of the following requires a reclassification of an investment in debt securities$?$

A$)$ The change in the business model for managing the debt securities

B$)$ Reclassificaion is based on the reporting entity's discretion

C$)$ An entity no longer has the ability to hold HTM classified securities to maturity

D$)$ Reclassifications are not allowed after inception

$8.$ What is the measurement method for investments in loan receivables that are held for sale $($or trade$)?$

A$)$ Lower of cost or fair value if classified as HFS

B$)$ Fair value

C$)$ Present value

D$)$ Settlement value