CERTYNEX IFRS ACADEMY

To set the price of a plot of land, which items does the entity take into account if market participants would themselves take them into account? (Several answers.)

Management's intention to build on it later.

The condition of the land.

The location of the land.

A restriction attached to the land that would follow the land to the buyer.

A restriction imposed on the entity by a loan agreement that would not follow the land on sale.