Which Method Is Used for Reporting Current Investments in the Financial

question 8

Multiple Choice

Which method is used for reporting current investments in the financial statements?

• A) Current investments (gross - at cost)
• 3,500
• Less provision for potential loss
• -200
• Current investments (net)
• 3,300
• B) Gross value
• Provisions
• Net value
• Current investments
• 3,500
• 200
• 3,300
• C) Current investments (net of provision for potential loss: 200)
• 3,300
• D) All of these.

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