CFA Practice Question

There are 520 practice questions for this study session.

CFA Practice Question

Under IFRS, which model is NOT allowed to value investment property?

A. Cost model
B. Fair value model
C. Revaluation model
Correct Answer: C

User Contributed Comments 2

User Comment
6469167 What revaluation model means at all and why is it not allowed under IFRS?
mcbreatz The revaluation model is the model used to determine impairments for long lived assets. Its similar to fair value model in many ways but remember that they use different names.
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