AASB 9 Provides Examples of Financial Liabilities Which Are Not

question 7

Multiple Choice

AASB 9 provides examples of financial liabilities which are not required to be subsequently measured at amortised costs. These examples include:

• A) financial guarantees contracts.
• B) commitments to provide loans below market interest rates.
• C) holdings of derivatives.
• D) all of the above

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Definitions:

Therapist

A professional trained in methods of psychological or physical rehabilitation, providing treatment for emotional, behavioral, and mental disorders.

Operant Behavior

Behavior that is controlled or influenced by its consequences, such as rewards or punishments.

Respondent Behavior

A type of reaction in behaviorism where an organism responds to a stimulus in a reflexive or automatic manner.

Operant Chamber

Also known as a Skinner Box, it is a laboratory apparatus used to study animal behavior through operant conditioning.