Which Statement Is Not Correct

question 128

Multiple Choice

Which statement is not correct?

• A)At fair value through profit or loss investments are carried at fair value.
• B)At fair value through OCI investments are carried at fair value.
• C)Amortized cost investments are carried at fair value.
• D)Investments in equity instruments cannot be classified at fair value through OCI.

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Definitions:

Social Benefits

Non-wage compensations provided to employees in addition to their normal wages or salaries. These can include health insurance, pension plans, and other welfare benefits.

Enterprise Union

An organization representing workers within a single company or enterprise rather than across multiple workplaces or sectors.

Single Company

Pertaining to a business or organization that operates independently, without affiliations or connections to other companies within its sector.

Socialist Market Economy

An economic system where the production and distribution of goods occur within the framework of both the market economy and socialism, often featuring state ownership of key industries.