For IFRS 9, which statement accurately describes subsequent measurement of financial assets?

• A. FVTPL is measured at fair value; Amortized Cost uses the effective interest method; FVOCI is measured at fair value.
• B. FVTPL uses historical cost; Amortized Cost uses fair value; FVOCI uses net realizable value.
• C. FVTPL uses amortized cost; Amortized Cost uses fair value; FVOCI uses the equity method.
• D. FVTPL uses net realizable value; Amortized Cost uses fair value; FVOCI uses amortized cost.

Answer: (A)