Which Statement Is Correct About Non-Strategic Financial Assets

question 112

Multiple Choice

Which statement is correct about non-strategic financial assets?

• A)ASPE refers to the underlying business model when categorizing these investments.
• B)IFRS classifies these investments in accordance with the underlying business model.
• C)IFRS classifies these investments in accordance with their nature.
• D)The accounting is the same under ASPE and IFRS for these investments.

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