1. A bond investment that satisfies the amortized cost measurement may be designated a. Revocably at fair value through profit or loss b. Irrevocably at fair value through profit or loss c. Irrevocably at fair value through OCI d. Irrevocably at amortized cost

1. A bond investment that satisfies the amortized cost measurement may be designated a. Revocably at fair value through profit or loss b. Irrevocably at fair value through profit or loss c. Irrevocably at fair value through OCI d. Irrevocably at amortized cost

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

Chapter13: Investments And Long-term Receivables

Section: Chapter Questions

Problem 17GI

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Question

1. A bond investment that satisfies the amortized cost measurement may be designated

a. Revocably at fair value through profit or loss

b. Irrevocably at fair value through profit or loss

c. Irrevocably at fair value through OCI

d. Irrevocably at amortized cost

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