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Which financial assets adjusted for any loss allowance

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Problem 1: According to PFRS 9, it is the amount at which a financial asset or a financial liability is measured at initial recognition minus principal repayments, plus or minus the cumulative amortization using the effective interest method of any difference between that initial amount and the maturity amount and, for financial assets adjusted for any loss allowance.

A. cost

B. carrying amount

C. amortized cost

D. fair value

Reference no: EM132744432

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