Under IFRS No. 9, which is not a category for accounting for investments?
A) Fair value through profit and loss.
B) Fair value through other comprehensive income.
C) Held-to-maturity.
D) Amortized cost.

Question

Quizplus · Accepted Answer

Under IFRS 9, the 'held-to-maturity' category is not used for accounting for investments. Instead, IFRS 9 uses 'fair value through profit or loss', 'fair value through other comprehensive income', and 'amortized cost' as categories for financial assets.