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4. An investment property is building held for rental income or capital appreciation whereas an owner-occupied property is used by the entity in the production

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4. An investment property is building held for rental income or capital appreciation whereas an owner-occupied property is used by the entity in the production of goods or services or for administration purposes. 5. When a company is using the cost model, there is no revaluation even when you are provided with the property's fair value. 6. An investment property generates cash flows largely independently of the other assets held by the entity Required Indicate whether the above statements are true or false

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