Quiz 12.131 – Identifying Non-Derivative Option
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Among the given options, which one is NOT an instance of a derivative financial instrument?
Among the given options, which one is NOT an instance of a derivative financial instrument?
What is a false statement about derivatives?
Match each concept with its corresponding stock ownership percentage.
Match each phrase with its corresponding terminology to indicate the way the investments should be accounted for under U.S. GAAP.
Selling an equity-method investment results in a gain or loss recognized as the difference between its selling price and cost.
Match each phrase with its corresponding terminology, trading securities only, securities available-for-sale only, etc…
Match each phrase with its corresponding terminology, business purpose test, IFRS no. 9, etc…
Match each phrase with its corresponding terminology, change from the equity method, unrealized holding losses, etc…
Match each phrase with its corresponding terminology, securities held-to-maturity, unrealized holding gains and losses, etc…
Match each phrase with its corresponding terminology, investor’s share of investee income, additional depreciation, etc…