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According to NZ IFRS 9, an entity's business model can be classified on the basis of which of the following? a. Financial assets held for

According to NZ IFRS 9, an entity's business model can be classified on the basis of which of the following?

a.

Financial assets held for conversion in securities or sale

b.

Financial assets held for collecting cash flows or sale or both

c.

Financial assets held for collecting cash flows or to set-off against liabilities

d.

All of the given answers are correct.

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