Question
Which of the following methods will be used to classify
an investment in debt instrument for which the company has intention to receive contractual cash flows and for which, the debt gives contractual cash flows for principal and interest?Solution
Financial assets held: § to collect contractual cash flows and § represent the financial asset of cash flows that are solely payments of principal and interest on the principal amount outstanding Treatment · initially measured at fair value and · subsequently at amortised cost
More Alternate Sources of Finance Questions
- Find the wrong number in the given number series.
8, 14, 24, 49, 59, 84 Find the wrong number in the given number series.
8, 12, 23, 40, 66, 103
174 180 198 252 414 910
640 1920 240 720 92 270
Find the wrong number in the given number series.
132, 147, 138, 155, 144, 161
1 3 7 15 33
...Find the wrong number in the given number series,
9, 60, 299, 1199, 3599, 7199
- Find the wrong number in the given number series.
32.6, 36.4, 40.2, 43.6, 47.8, 51.6 11 110 978 6824 34103 102290
- Find the wrong number in the given number series.
12, 21, 5, 38, 2, 71
