Multiple Choice
Which method is used for reporting current investments in the financial statements?
A) Current investments (gross - at cost)
3,500
Less provision for potential loss
-200
Current investments (net)
3,300
B) Gross value
Provisions
Net value
Current investments
3,500
200
3,300
C) Current investments (net of provision for potential loss: 200)
3,300
D) All of these.
Correct Answer:

Verified
Correct Answer:
Verified
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