CAF-6 · Chapter 2 · Question 10 of 15
Which of the following financial instruments is NOT required to be assessed for impairment (loss allowance) under IFRS 9?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) A debt instrument measured at fair value through profit or loss (FVPL).
Explanation
All instruments measured at FVPL are not required to be assessed for impairment because any fair value movements (including those due to credit risk) are already reflected in profit or loss.
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