Question: TB MC Qu . 1 7 - 7 8 Which of the following does not accurately... Which of the following does not accurately describe the

TB MC Qu.17-78 Which of the following does not accurately...
Which of the following does not accurately describe the accounting for debt securities under IFRS?
Multiple Choice
Accounting for debt securities is similar to U.S. GAAP.
The business model classification is determined by observation of the activities the entity undertakes to achieve its business objective.
IFRS uses a business model classification model.
The business model classification is determined by individual instruments based on management's intentions.

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