Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 2 of 2
Which asset is qualified to be an "investment property" under IFRS?
B. An apartment building owned by a property management company
C. A house owned by a construction company to be sold once the construction work is done
A. An office building used by GM for its employees
B. An apartment building owned by a property management company
C. A house owned by a construction company to be sold once the construction work is done
User Contributed Comments 3
| User | Comment |
|---|---|
| farhan92 | i guess C would be considered inventory more than investment property. |
| chesschh | generate fixed income |
| prapps | Is it still an investment property if you are in a property management business as leasing is part of your day to day business? |
Your review questions and global ranking system were so helpful.
Lina
Learning Outcome Statements
compare the financial reporting of investment property with that of property, plant, and equipment;
CFA® 2024 Level I Curriculum, Volume 3, Module 23.