Sl acquired shares that are not part of a held for trading portfolio. The shares are listed on a public stock exchange such that fair value readily available. Sl management would like to report the shares at fair value on the SFP, however, management does not want holding to result in income volatility. How should Si management classify the shares? Si reports under IFRS. Multiple Choice FVTPL FVTOCI Amortized cost

Q: Question 6

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