Question 4 Explain:

a. Why its accounting treatment is different from that of owner-occupied property for investment property under MFRS 140 Investment Property. (6 marks)

b. The accounting treatment of an investment property carried under the fair value model differs from an owner-occupied property carried under the revaluation model. (6 marks)

c. The accounting treatment for a building which is partly used as an investment property and partly occupied by the owner. (3 marks)