A company is most likely to: A. use a fair value model for some investment property and

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A company is most likely to:

A. use a fair value model for some investment property and a cost model for other investment property.

B. change from the fair value model when transactions on comparable properties become less frequent.

C. change from the fair value model when the company transfers investment property to property, plant, and equipment.

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International Financial Statement Analysis CFA Institute Investment Series

ISBN: 9780470287668

1st Edition

Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie

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Question Posted: Feb 14, 2024 09:01 AM

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A company is most likely to: A. use a fair value model for some investment property and

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The correct answer is C Change from the fair value model when the company transfers investment prope...View the full answer

International Financial Statement Analysis CFA Institute Investment Series

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