Find which is not a financial instrument

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Problem 1: Which of the following is not a financial instrument?

a. accounts receivable

b. cash.

c. accrued utilities payable

d. treasury shares

Problem 2: According to PERS 9, financial assets are classified based on

a. the entity's business model.

b. the asset's cash flow characteristics.

C. management's intentions for holding each instrument.

d. a and b

Reference no: EM132752629

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