Which of the Following Is Not Part of the AASB

question 27

Multiple Choice

Which of the following is not part of the AASB 140 proposals to account for investment properties?

• A) After initial recognition, investment properties can be measured by either the cost model or the fair value model
• B) If the fair value model is chosen, changes to fair value must be recognised as gains or losses when they occur
• C) If the cost model is chosen then, all of a company's investment properties must be measured in accordance with AASB 116
• D) Different investment properties can be valued using different cost models

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Definitions:

Sales Commissions

Fees paid to sales personnel based on the amount of sales revenue they generate.

Net Operating Income

Income generated from normal business operations after deducting operating expenses but before interest and taxes.

Marketing Manager

A professional responsible for overseeing and guiding a company's marketing strategies and campaigns.

Advertising Campaign

A series of advertisement messages that share a single idea and theme aimed at reaching a particular audience.