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Non-strategic investments may be classified as a fair value through other comprehensive income (FVOCI), fair value through profit or loss (FVTPL), or as a cost
Non-strategic investments may be classified as a fair value through other comprehensive income (FVOCI), fair value through profit or loss (FVTPL), or as a cost investment. Which of the following statements is true? Question 16 options: Dividend revenue is reported in the income section of the statement of income for each of the three classifications. Dividend revenue is only reported in the income section the statement of income when the investment is classified as FVTPL or FVOCI. Dividend revenue is only reported as income when the investment is classified as a cost investment. For a non-strategic investment classified as a FVOCI, dividend revenue is reported in the other comprehensive income section of the statement of income
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Inquiry into Physics
Authors: Vern J. Ostdiek, Donald J. Bord
8th edition
1305959426, 9781337515863 , 978-1305959422
