Question 5 (1 point) Which of the following statements correctly describes accounting for investment properties? a) ASPE contains specific guidance for accounting for investment properties, whereas IFRS does not. Ob) It is possible for only a portion of a property to be considered an investment property. Oc) A building that is solely occupied by the owner is an investment property. d) The cost of an investment property includes the day-to-day costs of operating the property. Question 6 (1 point) Which of the following would be considered an investment property under IFRS? a) A company owns land that it plans to hold for at least 10 years because management feels that the property will increase in value. Ob) A company is constructing an office tower, which it plans to occupy in the future for the purpose of housing its operations. O c) A building that is fully occupied by the company that owns it. d) A company owns a hotel and its surrounding land, and provides housekeeping, recreation, and maintenance services. Question 71 noint)