Question
Which of the following is true regarding the classification of financial asset? Multiple Choice included transaction cost in asset if FVTOCI is used capitalize transaction
Which of the following is true regarding the classification of financial asset?
Multiple Choice
included transaction cost in asset if FVTOCI is used
capitalize transaction cost under FVTPL method
if objective is to hold financial asset to collect cash flow until maturity, FVTOCI is used
difference in FV using FVTOCI method is kept in OCI
amortized cost is discounted using straight-line method
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Guide On Marketing Audit Start Conducting A Successful Marketing Audit
Authors: Milly Anecelle
1st Edition
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