A bond that is not managed as part of an actively traded portfolio and not held solely to correct its contractual cash flows would be classified as FVTOCI under IFRS.
Correct Answer:
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Q8: It is not possible to have significant
Q9: The intent to control overrides the ability
Q10: Only FVTPL and amortized cost investments are
Q11: Impairment tests are required for all investments
Q12: A triggering event must occur in order
Q14: It is not possible to have control
Q15: Fair-value-through-profit-and-loss (FVTPL) investments are usually held for
Q16: In the rare instances where fair value
Q17: Impairment losses on all investments are reversible
Q18: Realized gains and losses on the sale
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