alleryStart learning →Lease to another party moves inventories to?
AOwner-occupied property
BHeld-for-sale assets
CInvestment property
DIntangible assets
Answer & Solution
Correct answer: C. Investment property
Starting an operating lease to another party evidences a change in use to 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
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