For which THREE of the following risk categories does IFRS 7 require sensitivity analysis?
A.
Currency risk
B.
Liquidity risk
C.
Interest rate risk
D.
Commodity risk
E.
Credit risk
F.
Supply chain risk
The Answer Is:
A, C, D
This question includes an explanation.
Explanation:
IFRS 7 requires sensitivity analysis for market risks: currency risk, interest rate risk and other price risk (which includes commodities), not credit or liquidity.
Answer: A, C, D
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