Which of the Following Is(are)not a Financial Instrument(s)according to AASB

question 4

Multiple Choice

Which of the following is(are) not a financial instrument(s) according to AASB 139?

• A) Financial assets at fair value through profit and loss.
• B) Financial liabilities at fair value through profit and loss.
• C) Available-for-sale financial assets.
• D) Available-for-sale financial liabilities.
• E) Held-to-maturity investments.

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Definitions:

Net Operating Income

The profit generated from a company's core business operations, excluding deductions of interest and taxes.

Segmented Income Statement

An income statement that breaks down revenues, expenses, and profit or loss by specific business segments.

Break-even

The point at which revenue received equals the costs associated with receiving the revenue, resulting in no net profit or loss.

Net Operating Income

Earnings before interest and taxes, representing the profit generated from normal business operations.