alleryStart learning →How does the SPPI test treat de minimis contractual features?
AThey can be disregarded
BThey make the asset equity
CThey require bifurcation
DThey always force FVPL
Answer & Solution
Correct answer: A. They can be disregarded
The 2014 amendments let such features be ignored so the asset can still qualify for amortized cost or FVOCI.
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