Identify which of the following financial instruments are required under AASB 139 Financial Instruments: Recognition and Measurement to be measured at amortised cost:
$\begin{array}{|l|l|}
\hline \text { I } & \text { Loans receivable } \
\hline \text { II } & \text { Debentures } \
\hline \text { III } & \text { Investments in associates } \
\hline \text { IV } & \text { Debt portion of a convertible note } \
\hline V & \text { Unfavourable derivative instruments }\
\hline
\end{array}$
A) I, II and III
B) I, II and IV
C) II, III and IV
D) II, IV and V

Question

Quizplus · Accepted Answer

Loans receivable, debentures, and the debt portion of a convertible note are financial instruments that AASB 139 typically requires to be measured at amortised cost, assuming they meet the standard's criteria for such measurement. Investments in associates are accounted for using the equity method, not at amortised cost, and derivatives are typically measured at fair value through profit or loss.

Identify Which of the Following Financial Instruments Are Required Under