Have to agree about the confusion – I’ve just been studying and have noticed the lecturers saying receivable loans are either FVTPL or AC – no mention of FVTOCI!
Was confident in lead up…was confident with the MCQ’s which i thought were easier than June-15 but for some reason total mind block on some of the others….Agree that the examiner loves the business valuation and seems loathe to ask a WACC calculation….reckon could be 5% either way of 50