Under both IFRS and ASPE, investors can use either the cost model or the equity method for significantly influenced investments.

Name: Under both IFRS and ASPE, investors can use either the cost model or the equity method for significantly influenced investments.
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Question

Quizplus · Accepted Answer

Under IFRS, investors can use the equity method for significantly influenced investments, while under ASPE, both the cost and equity methods are allowed for such investments.

Under Both IFRS and ASPE, Investors Can Use Either the Cost