ACCA FR Chapter 11 Financial instruments (IFRS 9) Questions
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same here, OCI/SOCI should be $5loss
Can you please make adjustments to the number 2 question. B is the correct answer, however the system has it at c for the correct answer.
Me as well please someone to assist
Apologies, that should read –
Hi, i got the answer as SOFP 80K, SOPL 10K Gain, SOCI 5k Loss, and this seems to match what the answer is telling us. However, the correct answer is showing as SOFP 80K, SOPL 5K Gain, SOCI Nil. Is this an error?
its correct
what is correct? the option or the explanation?
yeah…same here
pvassallo’s answer is correct, the quiz is wrong. It needs to be fixed.
Hi, i got the answer as SOFP 80K, SOPL 10K Gain, SOCI 10k Loss, and this seems to match what the answer is telling us. However, the correct answer is showing as SOFP 80K, SOPL 5K Gain, SOCI Nil. Is this an error?
Hi,
In the question where Rory has two financial assets – I have the same question as the guys above. Should the correct answer not be loss of 5k on investment 2 goes to OCI?
Thanks,
Seun
It’s an error, in the solution they say it should go through OCI
question with 2 investments the answer should be SOFP :- 80000 and SPL 10000 gain and OCI 5000 loss as the investment no. 2 is held for long term?
can someone pls clear this for me..
thanks
regards
Manan
I got the same problem…..i did not understand why they offset the amount
Im in the same boat here . Some one please help