A venture capital firm may measure its associate at:
Ahistorical cost less impairment
Bfair value through profit or loss
Cthe equity method alone
Damortised cost with interest
Answer & Solution
Correct answer: B. fair value through profit or loss
Venture capital organisations, mutual funds and similar entities may elect fair value through profit or loss under Ind AS 109.
Keep practising Ind AS 27, 28 and 111 Separate Financial Statements, Associates and Joint Ventures
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