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What is the initial measurement of financial asset

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Reference no: EM132772450

Problem 1: In what method of accounting investment may share dividend be recognized as dividend income?

a. Fair value model

b. Cost method

c. Equity method

d. None of the above

Problem 2: At initial recognition, what is the initial measurement of financial asset at amortized cost?

a. Fair value

b. Fair value plus transaction cost

c. Amortized cost

d. Present value of cash flows

Reference no: EM132772450

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