Which of the Following Is Excluded from the Scope of IAS

question 19

Multiple Choice

Which of the following is excluded from the scope of IAS 39?

• A) a lease renewal option within a lease agreement.
• B) a contract for contingent consideration receivable in a business combination covered by IFRS 3
• C) an investment in a controlled entity accounted for at cost in the investor's separate consolidated financial statements.
• D) Loan commitments that cannot be settled in cash or another financial instrument.

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Definitions:

Transformational Leadership

Transformational leadership is a style of leadership where the leader works with their team to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of the group.

Authentic Leadership

A leadership style that is genuine and transparent, encouraging trust and integrity by being true to one’s self and values.

Emotional Healing

The process of recovery and restoration of emotional well-being through coping with and overcoming emotional wounds or trauma.

Emotional Intelligence

The ability to recognize, understand, manage, and reason with emotions in oneself and in others.