Under PFRS 9, transaction cost incurred are expensed in acquiring this type of investment securities: Group of answer choices FVTOCI and AC. AC only. FVTPL only FVTOCI only

F1

What is the default classification for an equity investment? A  Fair value through profit or loss B  Fair value through other comprehensive income C  Amortised cost D  Net proceeds

zed 3. Which of the following reclassifications of financial assets is permitted under PFRS 9? a. Reclassification from FVPL designation to Amortized cost b. Reclassification from FVOCI (election) to FVPL C. Reclassification from held for trading equity securities to the if a ord, amortized cost d. Reclassification from amortized cost and to FVPL of

O Mark for Review Question 7 of 30 Which is not an element of Tire Il capital O Revaluation reserve O Undisclosed reserve paid-up ordinary share capital OInvestment reserve aCCOunt

S1: Bond investments classified and accounted for as financial asset at amortized cost are recognized initially at fair value plus transaction costs that are directly attributable to the acquisition. S2: Transaction costs attributable to the acquisition of bond investments held for trading or at fair value through profit or loss are expensed immediately. O Only S1 is TRUE O Only S2 is TRUE Both statements are TRUE O Both statements are FALSE

Which of the following reclassifications of financial assets is permitted under PFRS 9? a. reclassification out of designated at FVPL to amortized cost b. reclassification out of the FVOCI (election) measurement category to financial assets measured at FVPL c. reclassification out of held for trading equity securities to amortized cost d. reclassification from amortized cost and to FVPL

20.Investments in debt securities are classified into the following categories according to management's intention: Select one: a."To hold until maturity", "available for sale" and "to trade". b. "To retain until maturity" and "to negotiate" c. All are classified as "to hold until maturity". d. "To retain until maturity" and "Available for sale".

Both trading securities and available - for - sale securities are reported at their fair values ​​Select one: 1. True 2. False

3.11 In what way are these two quotes equivalent? Bid & $0.5852/SFr Ask" "$0.5841/SFr "$0.5852/SFr Bid & $0.5841/SFr Ask"