Question: 1.After initial recognition, using ASPE, an entity should measure debt securities at Multiple Choice Present value Future cash flows Fair value through profit and loss

1.After initial recognition, using ASPE, an entity should measure debt securities at

Multiple Choice

  • Present value

  • Future cash flows

  • Fair value through profit and loss

  • Cost

  • Amortized cost

  • 2.

    Strategic investments that occur when the investor can significantly influence the strategic operating, investing, and/or financing policies of the investee are called

    Multiple Choice

  • Investments in associates

  • Joint arrangement

  • Proportionate investment

  • Business combinations

  • Non-strategic investment in bonds

  • 3.

    Non-strategic equity investments are accounted for using the

    Multiple Choice

  • Fair value method

  • Equity method

  • Cost method

  • Amortized cost method

  • Consolidation method

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After initial recognition, using ASPE, an entity should measure debt securities at Fair value through profit and loss Cost Future cash flows Amortized cost Present value

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