Which of the Following Is a True Statement About the Accounting

Multiple Choice

Which of the following is a true statement about the accounting for trading investments under IFRS?

A) The investment is initially recorded at fair value.
B) Gains and losses are recorded in OCI when the market value is different from the purchase price.
C) The accounting for trading investments is the same as the accounting for short-term investments in debt instruments purchased to earn interest.
D) The investment is initially recorded at face value.