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Nhà của tôi  Các khoá học của tôi  KTQT1_B1402_MonAft_HKC2022  Topic 4. Investment property  Quizzes - Topic 4

Bắt đầu vào lúc Thứ năm, 13 Tháng 10 2022, 1:47 PM

Câu Hỏi 1 Hoàn thành Đạt điểm 1,00 trên 1,00

Which of the following should be classified as Investment property?

Select one:
a. Land and building held for administrative purposes.
b. Land and building held for short-term sale in the ordinary course of business
c. Land and building held for used in the production of goods
d. Land and building held for long-term capital appreciation

Câu Hỏi 2 Hoàn thành Đạt điểm 1,00 trên 1,00

An entity purchased land and building for leasing out under operating lease. Following expenditures related
to the acquisition: purchase price: 100; broker’s commission: 10; property transfer tax: 20. What is the cost
of the property?

Select one:
a. 110
b. 100
c. 120
d. 130 
Câu Hỏi 3 Hoàn thành Đạt điểm 1,00 trên 1,00

Which of the following should be classified as Investment property?

Select one:
a. Property being constructed on behalf of third parties.
b. Land and building held for sale in the ordinary course of business
c. An equipment held to earn rental income
d. Land and building held to earn rental income

Câu Hỏi 4 Hoàn thành Đạt điểm 1,00 trên 1,00

Choose the correct statement:

Select one:
a. Fair value of investment property carried under cost model should be disclosed in the Disclosure note.
b. Fair value of investment property carried under cost model should not be disclosed in any financial statement.
c. Fair value of investment property carried under cost model should be disclosed in the Statement of Other
Comprehensive Income.
d. Fair value of investment property carried under cost model should be disclosed in the Statement of financial
position.

Câu Hỏi 5 Hoàn thành Đạt điểm 1,00 trên 1,00

ABC Ltd. chooses fair value model for its investment property. At 1 Jan 20X8, ABC Ltd. transferred an
investment property to an owner-occupied property. Investment property has originally cost of $20 million;
accumulated depreciation up to the date of transfer was $12 million, there was no impairment loss;
property’s fair value at 1 Jan 20X8 was $14 million. What was the carrying value of the Owner-occupied
property recorded at 1 Jan 20X8?

Select one:
a. $14 million
b. $2 million
c. $12 million
d. $8 million

Câu Hỏi 6 Hoàn thành Đạt điểm 1,00 trên 1,00

ABC Ltd. owns a property which has two parts, part A and part B. Part A is used to earn rental income; Part B
is used for administrative purpose. These two parts cannot be sold separately. How should ABC classify this
property?

Select one:
a. Entire property should be classified as Owner-occupied property if the portion of B is significant
b. Entire property should be classified as Investment property if the portion of B is insignificant
c. Part A should be classified as Investment property; part B should be classified as Owner-occupied property
d. Part A should be classified as Investment property; part B should be classified as Inventories

Câu Hỏi 7 Hoàn thành Đạt điểm 1,00 trên 1,00

Entity measures its investment property under:

Select one:
a. Cost model or Fair value model
b. Cost model or Revaluation model
c. Cost model, fair value model or revaluation model
d. Cost model only

Câu Hỏi 8 Hoàn thành Đạt điểm 1,00 trên 1,00

ABC Ltd. chooses cost model for its investment property. At 1 Jan 20X8, ABC Ltd. transferred an investment
property to an owner-occupied property. Investment property has originally cost of $20 million;
accumulated depreciation up to the date of transfer was $12 million, there was no impairment loss;
property’s fair value at 1 Jan 20X8 was $14 million. What was the carrying value of the Owner-occupied
property recorded at 1 Jan 20X8?

Select one:
a. $2 million
b. $14 million
c. $12 million
d. $8 million

Câu Hỏi 9 Hoàn thành Đạt điểm 1,00 trên 1,00

ABC Ltd. chooses cost model for its investment property. It sold an investment property that originally cost
$20 million. The selling price was $6 million. Depreciation of $12 million had been recorded up to the date of
sale. There was no accumulated impairment loss. What does this disposal result in?

Select one:
a. $2 million loss
b. $14 million gain
c. $14 million loss
d. $2 million gain

Câu Hỏi 10 Hoàn thành Đạt điểm 1,00 trên 1,00

ABC Ltd. owns a property which has two parts: part A and part B. Part A is used to earn rental income; Part B
is used for administrative purpose. Each part can be sold separately. How should ABC classify this property?

Select one:
a. Part A should be classified as Investment property; part B should be classified as Owner-occupied property
b. Part A should be classified as Investment property; part B should be classified as Inventories
c. Entire property should be classified as Owner-occupied property if the portion of B is significant
d. Entire property should be classified as Investment property if the portion of B is insignificant

◄ Topic 4: Investment Property_Exercise

Chuyển tới... Chu de 4 - BDSDT (IAS 40) ►