Examlex
Which of the following is NOT prohibited by the exclusionary rule?
Derivatives
Financial securities whose value is derived from the value of an underlying asset or benchmark.
AASB 9
The Australian Accounting Standards Board standard covering the classification, measurement, and recognition of financial assets and financial liabilities.
Business Model Test
The asset is held within a business model whose objective is to hold assets in order to collect contractual cash flows.
Cash Flows Characteristics Test
The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest.
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