alleryStart learning →When classification is hard, what is disclosed?
ANames of all tenants
BCriteria used to classify
CValuers' salary details
DRent per square foot
Answer & Solution
Correct answer: B. Criteria used to classify
Because judgement is involved, the criteria used to separate investment, owner-occupied and sale property must be disclosed.
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Related questions
Restrictions on realisability: what is disclosed?If fair value is unreliable, 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?Gain or loss on disposal equals what?