Q11 Which of the following options is INCORRECT regarding financial assets and the subsequent measurement model(s)? Select one: a. Financial Asset: Equity instrument Management Intention: Realise fair value changes Measurement Model: Fair value, adjustments in OCI _ b. Financial Asset: Debt instrument Management Intention: Earning contractual cash flows Measurement Model: Amortised cost  _ c. Financial Asset: Equity instrument Management Intention: Realise fair value changes Measurement Model: Fair value, adjustments in SPL  _ d. Financial Asset: Debt instrument Management Intention: Earning contractual cash flows Measurement Model: Fair value, adjustments in OCI

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 3MC: The third step for making a capital investment decision is to establish baseline criteria for...
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Q11

Which of the following options is INCORRECT regarding financial assets and the subsequent measurement model(s)?

Select one:
a. Financial Asset: Equity instrument

Management Intention: Realise fair value changes

Measurement Model: Fair value, adjustments in OCI

_

b. Financial Asset: Debt instrument

Management Intention: Earning contractual cash flows

Measurement Model: Amortised cost

 _

c. Financial Asset: Equity instrument

Management Intention: Realise fair value changes

Measurement Model: Fair value, adjustments in SPL

 _

d. Financial Asset: Debt instrument

Management Intention: Earning contractual cash flows

Measurement Model: Fair value, adjustments in OCI

 _

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