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Which is not an equity instrument

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Reference no: EM132815044

Problem 1: Which of the following statement/s is/are incorrect regarding the classification of financial assets?

A. Only equity securities can be classified as FVOCI

B. Only debt securities can be classified as amortized cost

C. Both debt and equity securities can be classified as FVPL

D. None of the above

E. All of the above

Problem 2: Which of the following is not an equity instrument?

A. Ordinary shares

B. Preference shares

C. Share warrants

D. Redeemable preference shares

E. answer not given

Reference no: EM132815044

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