What type of misstatement would occur

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Question - The fair value measurement of the properties as at 31 December 2019 are carried out by C H Williams Talhar & Wong Sdn. Bhd. and RHT Chestertons Valuation and Advisory Pte. Ltd. and are determined primarily using comparison methods.

The fair value measurement using comparison method draws reference to transactions of similar properties in surrounding with adjustments made for differences in location, terrain, size and shape of the land, tenure, title restrictions, if any and other relevant characteristics.

What type of misstatement would occur?

Reference no: EM132869399

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