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According to AASB 139,an Equity Investment

Question 60

Multiple Choice

According to AASB 139,an equity investment:


A) must be measured at cost, less any impairment losses.
B) must be measured at fair value through profit and loss.
C) must not be measured at fair value through profit and loss if it does not have a quoted market price.
D) must not be measured at cost if it is deemed to be a financial asset.
E) None of the given answers.

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