Which Statement Is Correct About Accounting for Financial Instruments

question 14

Multiple Choice

Which statement is correct about accounting for financial instruments?

• A)All financial instruments are accounted for at fair value through profit or loss.
• B)All are accounted for in accordance to their economic substance.
• C)All financial instruments are accounted for at amortized cost.
• D)All financial instruments are accounted for at fair value through OCI.

Analyze the impact of gender on conversational dynamics and interruptions.

Understand the role of gender-typing in shaping individual behaviors and societal expectations.

Identify the components and impact of nonverbal communication in gendered interactions.

Understand the concept and implications of ambivalent sexism.

---

Definitions:

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and harmonize the law among different jurisdictions.

Acceptance

A key factor in the agreement element of a contract; consists of the agreement of one party, the offeree, to the terms of the offer in the contract made by the other party, the offeror.

Revoke

To officially cancel or withdraw an offer, privilege, or power that was previously given.

Defects

Imperfections or faults in a product, system, or process that can cause it to be unsafe, unreliable, or to fail to meet expectations.