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What investment property held by an entity shall be valued

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Reference no: EM132766751

Problem 1: After initial recognition, investment property held by an entity shall be valued using either cost model or

a. Revaluation model

b. Fair value model

c. Recoverable amount model

d. Realizable value model

Problem 2: Which of the following is not a financial asset

a. Prepaid Expenses

b. Receivables

c. Investment in Debt Securities

d. Cash

 

Reference no: EM132766751

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