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can u please provide me practice questions relating IAS-40…??? I need to practice them… thanks
with regards,
SaherI honestly do not believe that you need to practice questions on Investment Property!
When it appears in an F7 exam, it will typically be in question 2 and Steve Scott will say that “the Investment Property is valued at an amount $2,000 greater than its carrying value” or similar simple words indicating an increase ( or decrease ) in the property value which should then be reflected in the year’s financial statements.
RARELY will you find a full question on it – check the analysis on this site of the past examination papers and confirm for yourself that it appears only infrequently.
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