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Unless there is a significant deterioration in credit quality, an IFRS company measures credit losses...

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Accounting

Unless there is a significant deterioration in credit quality, an IFRS company measures credit losses on AFS and HTM investments as:

Select one:

a. The decline in value due to a specific loss event.

b. The difference between market value and book value.

c. Credit losses expected over the next 12 months.

d. The difference between book value and the present value of the future expected cash flows.

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