Question

Which of the following methods should be used by an

Q: Answer-Which of the following methods should be used by an enterprise holding investment properties to valu...

Explanation Under AS 10 Revised in India, investment property must be measured using the cost model , even though its fair value must be disclosed in the notes. This differs from Ind AS 40 , where entities have the option to use fair value disclosed but not used for measurement in AS.

enterprise holding investment properties to value Investment property , a s per AS 10 (Revised) ‘Property, Plant and Equipment’ ?

A As per fair value

B Under discounted cash flow model

C Under cost model

D Under cash flow model

E Any of the above, but to be disclosed in the notes to accounts

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Which of the following methods should be used by an

Solution