(d) Read the following statements and answer whether they are True or False (no further explanation is required): (i) After initial recognition, investment property can be measured either using the fair value model or the cost model. (ii) (iii ) (iv ) Assets held for sale are not depreciated and are measured at the lower value between their fair value less costs to sell and their carrying amount. An impairment loss can be reversed, with the exception of goodwill impairment, when the circumstances that caused the impairment loss are favourably resolved. An operating lease makes a company appear less geared and more profitable when compared to purchasing the leased asset using a loan. Small changes in closing inventory have the biggest impact on profit when closing inventory is a fraction of profit, rather than a multiple of profit. When classifying costs according to function in the SOCI, advertising costs are allocated to administration expenses. Unrealised gains and losses are classified under "other comprehensive income" in the statement of comprehensive income. (v) (vi ) (vii)