What Is the Appropriate Treatment for Convertible Notes in Accordance

question 36

Multiple Choice

What is the appropriate treatment for convertible notes in accordance with AASB 132 Financial Instruments: Presentation?

• A) as a financial liability
• B) as equity
• C) as part debt and part equity
• D) as a financial liability and disclosure of conversion option

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Council for Exceptional Children

An international professional organization dedicated to improving the educational outcomes for individuals with exceptionalities, disabilities, and gifts.

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