Investment 1 – 10% of the issued share capital of Haruka Co. This shareholding was acquired as a long-term investment as Zinet Co wishes to participate as an active shareholder of Haruka Co.
Investment 2 – 10% of the issued share capital of Lukas Co. This shareholding was acquired for speculative purposes and Zinet Co expects to sell these shares in the near future.
Neither of these shareholdings gives Zinet Co significant influence over the investee companies.
Wherever possible, the directors of Zinet Co wish to avoid taking any fair value movements to profit or loss, so as to minimise volatility in reported earnings.
How should the fair value movements in these investments be reported in Zinet Co’s financial statements for the year ended 31 March 20X9?
A.In profit or loss for both investments
B.In other comprehensive income for both investments
C.In profit or loss for investment 1 and in other comprehensive income for investment 2
D.In other comprehensive income for investment 1 and in profit or loss for investment 2
请帮忙给出正确答案和分析,谢谢!
第1题
A、have included
B、is included
C、has included
D、are included
第2题
第3题
A、include
B、included
C、including
D、to include
第4题
A、Included a child
B、include a child
C、including a child
D、includes a child
第5题
A、intended
B、extended
C、included
D、excluded
第6题
A、To establish goodwill.
B、To build self-esteem.
C、To obtain information.
D、To practice using language accurately.
第7题
A、National security
B、Contraction
C、Economic prosperity
D、Promotion of democracy.
第8题
第9题
第10题
第11题
A、Written too frequently.
B、Written to gain attention.
C、Written to express one main idea.
D、Written by a committee.