Examlex
Which of the following statements is false?
Investment Property
Real estate property that is purchased with the intention of earning a return through rental income, the future resale of the property, or both.
FVTPL
Fair Value Through Profit or Loss; a classification under IFRS for financial assets that are held for trading or designated upon initial recognition to be measured at fair value with changes recognized in profit or loss.
Hedge Accounting
A method of accounting where entries for the ownership of a security and the opposing hedge are treated as one, to show a more accurate financial position.
Hedging Instrument
Any financial derivative or other contract used to offset the risk of changes in the value of an asset, liability, or future transaction.
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