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    Question

    As per IndAS 109, Derivatives instruments are always

    classified as?
    A Fair value through profit & loss (FVTPL) Correct Answer Incorrect Answer
    B Fair value through other comprehensive income (FVOCI) Correct Answer Incorrect Answer
    C Amortized cost Correct Answer Incorrect Answer
    D Any of the above Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    All derivatives are measured at fair value with changes in fair value being recognized in profit and loss for the period, except derivatives that qualify as hedging instruments.

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