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QUESTION 1 (15 Marks) 1.1 What criteria would be used to classily a Property as either an Investment Property of as Property. Plant and Equipment?

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QUESTION 1 (15 Marks) 1.1 What criteria would be used to classily a Property as either an Investment Property of as Property. Plant and Equipment? 14 1.2 Give 3 examples of property which are classified as investment property? marks) 1.3 Give 4 examples of property which are NOT classified as investment property? (3 marks) 1.4 Discuss the subsequent measurament of an entity which has chosen to account for Irvestment property at (4 marks) Fair value? (4 marks)

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