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  3. 7. which of the following requires a reclassificat

7. Which of the following requires a reclassification of an investment in debt securities? ...

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Accounting

7. Which of the following requires a reclassification of an investment in debt securities?
A) The change in the business model for managing the debt securities
B) Reclassificaion is based on the reporting entity's discretion
C) An entity no longer has the ability to hold HTM classified securities to maturity
D) Reclassifications are not allowed after inception
8. What is the measurement method for investments in loan receivables that are held for sale (or trade)?
A) Lower of cost or fair value if classified as HFS
B) Fair value
C) Present value
D) Settlement value

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