Question
Under IFRS regarding Financial Assets, which of the following is true? If you hold debt until it matures and only to get cash flows from
Under IFRS regarding Financial Assets, which of the following is true?
| If you hold debt until it matures and only to get cash flows from it, unrealized gains or losses are categorized as FVPL. | ||
| You can decide if you want equity to be recorded as FVOCI or FVPL | ||
| You appy the business and cash flow tests for equity investments | ||
| Debt can be placed into an available for sale category |
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Adventure Capitalist The Ultimate Road Trip
Authors: Jim Rogers
1st Edition
0375509127, 978-0375509124
