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'Question' A financial liability designated at FVTPL has its credit risk changes recorded in I) Other comprehensive income II) Profit or loss III) Directly in equity IV) Not recorded at all

'Question' A financial liability designated at FVTPL has its credit risk changes recorded in I) Other comprehensive income II) Profit or loss III) Directly in equity IV) Not recorded at all

Financial Accounting Intro Concepts Meth/Uses
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter4: Balance Sheet: Presenting And Analyzing Resources And Financing
Section: Chapter Questions
Problem 11Q
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'Question' A financial liability designated at FVTPL has its credit risk changes recorded in I) Other comprehensive income II) Profit or loss III) Directly in equity IV) Not recorded at all
Transcribed Image Text:'Question' A financial liability designated at FVTPL has its credit risk changes recorded in I) Other comprehensive income II) Profit or loss III) Directly in equity IV) Not recorded at all
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