Start learning →

Land held but not substantially occupied for the holder's own operations is:

Aan investment property
Ban intangible asset
Can item of stock-in-trade
Dcapital work-in-progress
Answer & Solution
Correct answer: A. an investment property
Land or buildings not meant for substantial own use are investment property under the Standard.
Practise this question with Quill — CA Inter →

Keep practising AS 13 Accounting for Investments

Browse all AS 13 Accounting for Investments questions for CA Inter, or explore more Accounting topics.

Start a AS 13 Accounting for Investments lesson →
Related questions