Under the cost model, investment property is measured under the requirements of which Standard?
AInd AS 2
BInd AS 38
CInd AS 37
DInd AS 16
Answer & Solution
Correct answer: D. Ind AS 16
Cost model measurement follows Ind AS 16, except for items held for sale, which follow Ind AS 105.
Keep practising Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property
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