alleryStart learning →Investment property is held to earn what?
AProduction output only
BRentals or appreciation
CStaff housing benefit
DOrdinary sale goods
Answer & Solution
Correct answer: B. Rentals or appreciation
Property held for rentals, capital appreciation or both, and not for own use or sale, is investment property.
Keep practising Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property
Browse all Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property questions for CA Final, or explore more Financialreporting topics.
Related questions
Restrictions on realisability: what is disclosed?If fair value is unreliable, what is disclosed?When classification is hard, what is disclosed?Which profit or loss amounts must be disclosed?What must be disclosed under the cost model?Liabilities kept after disposal fall under which Standard?Compensation for lost property is recognised when?Carrying Rs 1.2 crore; net proceeds Rs 1.5 crore. Recognised?