TRUE OR FALSE

1. From the date of declaration through the date of record, the shares sell dividends-on which means that the market price of a share excludes the amount of dividend.
2. Reclassification of investments shall be made prospectively from the reclassification date.The reclassification date as defined by IFRS 9 is the last day of the reporting period in which the change in business model occur.
3. At the date of sale, the cumulative balance of unrealized gain or loss in equity shall remain in equity and is not subsequently reversed in profit or loss, or may transfer it within equity.
4. An investor shall cease to take up its share in the loss of the associate if its share of cumulative losses equals or exceeds its interest in the associate, so that the carrying value is reduced to zero.
5. When an investor that accounts for investment in associate using the equity method disposes some or all of the shares held, the difference between the net disposal proceeds and the carrying value of the investment shall be recognized as unrealized gain or loss in the profit or loss section of the statement of comprehensive income.
6. Share dividends are declared in the form of shares in the same class held by shareholders. It does not affect the equity of the shareholder or investor.
7. Investment in debt securities of other entities is considered to provide the highest returns to investors among all other types of financial instruments
8. If an associate or joint venture has outstanding cumulative preference shares, the profit shall be adjusted by deducting the required current preference dividends, whether declared or not.
9. A shareholder selling his securities after the date of record, is in effect sells 2 types of financial assets: (1)the investment in shares and(2) the dividend receivable.
10. When dividends are distributable in the form of the investee's non-cash assets, the investor records the asset received as dividend revenue attheasset's carrying value.
11. When dividends declared comes from the balance of contributed capital accounts of the issuing corporation, the receipt of such dividends is credited to the investment account.
12. Share rights are considered as securities held for non-trading and are measured at fair value through OCI.
13. Share split affects the equity of the shareholder or investor.
14. When the reporting dates of the investor and the associate are different, the associate or joint venture need not prepare financial statements as of the same date as the financial statements of the investor.
15. An investor that purchases share capital of another entity for non-trading purposes, investor shall make an irrevocable choice at the date of initial recognition to measure this at FV through profit or loss orthrough FVOCI