Which Statement About Investments Is Not Correct

question 1

Multiple Choice

Which statement about investments is not correct?

• A)An at fair value through profit or loss investment is a non-strategic investment.
• B)An investment in an associate is a strategic investment.
• C)An at fair value through OCI investment is a strategic investment.
• D)An investment for which the business model is to collect the contractual cash flows of principal and interest is a non-strategic investment.

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Definitions:

City Council

An elected or appointed body that governs a city, town, municipality, or local government area, making decisions on local laws, policies, and budgets.

Republicans

A member or supporter of the Republican Party, one of the two major political parties in the United States.

Democrats

A member or supporter of the Democratic Party, one of the two major contemporary political parties in the United States.

Independent

A term in statistics that implies no relationship between two variables, such that the occurrence of one does not affect the probability of occurrence of the other.