Which Following Is Not a New Requirement of IFRS 9

question 13

Multiple Choice

Which following is not a new requirement of IFRS 9?

• A)Equity investments are measured at fair value and changes in fair value appear in other comprehensive income and are recycled to profit and loss
• B)Amortized cost may be used only if the asset gives rise on specified date to cash flows that are solely payments of principal and interest on the outstanding principal and the entity's business model calls for holding the asset to collect the cash flows.
• C)All other financial assets must be accounted for at fair value.
• D)Most financial liabilities are measured at fair value.

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Definitions:

Accountable

Being responsible and answerable for actions or decisions, typically within a specific sphere of influence or responsibility.

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A classification of Internet users based on their online behaviors and how they engage with social technologies, such as content creation or networking.

Persona

A fictional character created to represent a user type that might use a site, brand, or product in a similar way, often used in marketing and product development.

Social Media Tactics

Strategies and approaches used on social media platforms to achieve specific marketing, branding, or communication goals.