The ________ Investment Must Be Shown as a Current Asset

question 44

Multiple Choice

The ________ investment must be shown as a current asset, whereas the other investments could be current or non-current, depending on management's intention.

• A) fair value through profit or loss (FVTPL)
• B) cost method
• C) equity method
• D) fair value through other comprehensive income (FVTOCI)

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Definitions:

Numeric Filing System

An organizational method in which files and documents are arranged according to a numerical sequence.

Terminal Digit

A small group of two to three numbers at the end of a patient number that is used as an identifying unit in a filing system.

Completely Destroyed

A state of being utterly ruined or demolished, leaving no remnants intact or recognizable.

Alphabetizing Rules

Guidelines that dictate the correct order to arrange words or entries based on the letters of the alphabet, often used in indexes, libraries, and databases.