Identify Which of the Following Financial Instruments Are Required Under

question 47

Multiple Choice

Identify which of the following financial instruments are required under IAS 39 Financial Instruments: Recognition and Measurement to be measured at fair value through profit and loss: $\begin{array}{|l|l|}\hline \text { I } & \text { Loans receivable } \\\hline \text { II } & \text { Shares held for trading } \\\hline \text { III } & \text { Loans payable } \\\hline \text { IV } & \text { Favourable derivative instruments } \\\hline \text { V } & \text { Unfavourable derivative instruments } \\\hline\end{array}$

• A)I, II and III
• B)I, II and IV
• C)II, III and IV
• D)II, IV and V

---

Definitions:

Government Policy

Strategies and actions taken by a government to achieve specific goals and objectives within its jurisdiction.

Public Opinion

The collective preferences or views of a population on a given topic, often measured through surveys and polls.

Fetal "Right To Life"

A concept espoused by some pro-life advocates, asserting that a fetus has a right to life and should be legally protected from abortion.

Conservative Politicians

Politicians who favor maintaining traditional values and are cautious about change or innovation, typically emphasizing fiscal conservatism and national security.