Non-strategic investments that are intended to be held longer than one year are reported on the balance sheet in the
A) Current asset section
B) Intangible asset section
C) Non-current section called long-term investments
D) Plant and equipment section
E) Same section as held-for-trading investments
Correct Answer:
Verified
Q84: Investments in which an investor cannot significantly
Q85: Significant influence investments
A)Are held-for-trading investments
B)May earn dividends
Q86: Non-strategic investments usually
A)Are purchased for the short-term
B)Include
Q87: Bleth owns 40% of the outstanding Aurora
Q88: Consolidated financial statements
A)Show the results of operations,cash
Q90: The method used to account for non-strategic
Q91: Investments in associates are
A)Recorded at historical cost
Q92: Under IFRS,non-strategic debt investments are initially recorded
Q93: Non-strategic investments are usually
A)Current assets
B)Expected to be
Q94: After initial recognition,using ASPE,an entity should measure
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