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69. Based on PFRS 9, equity investments are initially perceived to be? * Held for trading to earn profits from value changing O Held for collecting cash flows such as dividend O Held for both trading and capital appreciation Held for capital appreciation such as increasing market value

69. Based on PFRS 9, equity investments are initially perceived to be? * Held for trading to earn profits from value changing O Held for collecting cash flows such as dividend O Held for both trading and capital appreciation Held for capital appreciation such as increasing market value

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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69. Based on PFRS 9, equity investments are initially perceived to be? * Held for trading to earn profits from value changing O Held for collecting cash flows such as dividend O Held for both trading and capital appreciation Held for capital appreciation such as increasing market value
Transcribed Image Text:69. Based on PFRS 9, equity investments are initially perceived to be? * Held for trading to earn profits from value changing O Held for collecting cash flows such as dividend O Held for both trading and capital appreciation Held for capital appreciation such as increasing market value
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