Which of the following is not true about the "fair value through other comprehensive income" approach for accounting for investments under IFRS No. 9?
A) Is allowed for equity method investments.
B) Includes unrealized holding gains in other comprehensive income.
C) Does not require reclassification of realized gains from other comprehensive income.
D) Is allowed for equity investments.

Question

Quizplus · Accepted Answer

The "fair value through other comprehensive income" approach under IFRS 9 does not apply to equity method investments. It is primarily used for debt instruments that meet certain criteria, not for investments accounted for using the equity method.

Which of the Following Is Not True About the "Fair