How Are Realized Gains from the Sale of Fair Value

question 56

Multiple Choice

How are realized gains from the sale of fair value through other comprehensive income (FVTOCI) investments accounted for under IFRS 9?

• A) They are transferred to net income in the period of the sale.
• B) They remain in accumulated other comprehensive income.
• C) They are transferred from accumulated other comprehensive income to retained earnings without going through net income.
• D) They are transferred to contributed surplus.

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