CAF-1 · Chapter 4 · Question 8 of 15
Under the fair value model for investment property, how are changes in fair value treated?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Recognized in profit or loss for the period in which they arise.
Explanation
Any gain or loss arising from a change in the fair value of an investment property is recognized directly in profit or loss for the period.
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