A company's statement of profit or loss for the year ended 31 December 2020 that has been prepared using the cost model for its investment property is showing a loss from operations. The company is aware that the increase in the value of its investment property during the year far outweighed the operating loss. The directors decide that they should adopt the fair value model for their investment property from now on as it would reflect the true value of their property. Which concept or qualitative characteristic has been applied in making the decision? O Going concern Timeliness O Verifiability O Relevance