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Which noncurrent asset classified as held for sale present

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Reference no: EM132698064

Problem 1: Noncurrent asset classified as held for sale shall be presented as

Group of answer choices

Option 1: Other noncurrent asset

Option 2: Property, plant and equipment

Option 3: Current asset

Option 4: Noncurrent investment

Problem 2: Investment property includes all of the following, except

Group of answer choices

Option 1: Land held for currently undetermined use.

Option 2: Land held for long-term capital appreciation.

Option 3: Building owned by the reporting entity or held by a finance lease leased out under an operating lease.

Option 4: Property held for sale in the ordinary course of business.

Reference no: EM132698064

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