True or False 1. if a credit risk has not increased significantly since initial recognition, an entity may recognize a loss allowance equal to 12-month expected credit loss 2. the effect of direct origination cost is a decrease in the effective interest rate of a loan receivable 3. The impairment model under IFRS 9 are applicable to all debt instrument including those that are measured at fair value through profit or loss
True or False
1. if a credit risk has not increased significantly since initial recognition, an entity may recognize a loss allowance equal to 12-month expected credit loss
2. the effect of direct origination cost is a decrease in the effective interest rate of a loan receivable
3. The impairment model under IFRS 9 are applicable to all debt instrument including those that are measured at fair value through profit or loss
4. the impairment model under IFRS 9 are applicable to all debt instruments including those that are measured at fair value through profit or loss
5. The recoverable amount of a credit-impaired financial asset (but not purchased or originated credit impaired or variable rate loan) is computed as the present value of the remaining
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