For what assets is the following Impairment model used:
Impairment measured as the difference between the lower of
amortized cost and value, based on current expected credit
losses?
| a. Loans, receivables, and debt securities measured at
amortized cost. |
|
b. Debt securities measured at fair value with gains and losses
recorded in other comprehensive income (available-for-sale). |
|
c. Debt securities measured at fair value with gains and losses
recorded in net income. |
|
d. All of these answer choices are correct. |
