After initial recognition,using ASPE,an entity should measure debt securities at:
A) Fair value through profit and loss.
B) Cost.
C) Future cash flows.
D) Amortized cost.
E) Present valuE.

Question

Quizplus · Accepted Answer

ASPE requires debt securities to be measured at amortized cost after initial recognition, unless they meet certain criteria for classification as held for trading or available for sale, in which case they would be measured at fair value through profit or loss. Future cash flows and present value are methods used to calculate amortized cost, but they are not the primary measurement basis for debt securities under ASPE.

After Initial Recognition,using ASPE,an Entity Should Measure Debt Securities At