Which Following Statement Regarding Investment Property Is True

question 1

Multiple Choice

Which following statement regarding investment property is true?

• A)Investment property is property held to earn rentals from outside parties or held for capital appreciation.
• B)Investment property includes property that is owner occupied and used or leased for use in the business.
• C)Investment property includes property held as inventory such as a homebuilder.
• D)U.S.GAAP and IFRS both specifically address this type of property in the standards.

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Definitions:

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