When an investment in an associate is held by, or is held indirectly through, an entity that is a venture capital organization, or a mutual fund, unit trust and similar entities including investment-linked insurance funds, the entity
When an investment in an associate is held by, or is held indirectly through, an entity that is a venture capital organization, or a mutual fund, unit trust and similar entities including investment-linked insurance funds, the entity
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
When an investment in an associate is held by, or is held indirectly through, an entity that is a venture capital organization, or a mutual fund, unit trust and similar entities including investment-linked insurance funds, the entity
Group of answer choices
Shall measure investments in those associates at fair value through profit or loss in accordance with PFRS 9.
May elect to measure investments in those associates at fair value through OCI in accordance with PFRS 9.
May elect to measure investments in those associates at fair value through profit or loss in accordance with PFRS 9.
Shall account for its investment in an associate using equity method.
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