Start learning →

A net-settleable commodity contract is generally?

AA financial instrument
BAn equity instrument
CA treasury share
DAn employee benefit
Answer & Solution
Correct answer: A. A financial instrument
Net-settleable commodity contracts are accounted for as financial instruments, except those held for expected purchase, sale or usage requirements.
Practise this question with Quill — CA Final →

Keep practising Ind AS 32 Financial Instruments: Presentation

Browse all Ind AS 32 Financial Instruments: Presentation questions for CA Final, or explore more Financialreporting topics.

Start a Ind AS 32 Financial Instruments: Presentation lesson →
Related questions