The ________ investment must be shown as a current asset, whereas the other investments could be current or non-current, depending on management's intention.

Question

Quizplus · Accepted Answer

According to IFRS, investments classified as fair value through profit or loss (FVTPL) must always be shown as current assets, regardless of management's intention. The other investment methods (cost method, equity method, FVTOCI) could be classified as current or non-current depending on how management intends to use them.

The ________ Investment Must Be Shown as a Current Asset