"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
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter9: Current Liabilities And Contingent Obligations
Section: Chapter Questions
Problem 13GI
Related questions
Question
Financial Accounting MCQ
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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