alleryStart learning →A hold-to-collect debt asset passes SPPI. How is it measured?
AFair value through profit
BAmortised cost basis
CFair value through OCI
DHistorical cost basis
Answer & Solution
Correct answer: B. Amortised cost basis
A hold-to-collect business model with SPPI cash flows gives amortised cost.
Keep practising Ind AS 109 Financial Instruments
Browse all Ind AS 109 Financial Instruments questions for CA Final, or explore more Financialreporting topics.
Related questions
The 2009 IFRS 9 model for debt assets allowed which two approaches?IFRS 9 hedge documentation must describe what?How did IFRS 9 change hedge accounting for non-financial entities?What must an entity do to qualify for hedge accounting?Which exchange is noted for rice futures traded since the eighteenth century?As an option nears expiry, what happens to its time value?Which portion of IFRS 9 did the IASB issue first, in 2009?Under the FASB CECL model, losses are recognised over what period from acquisition?