Download the most recent Annual Report (AR) of Frasers Property Limitedto answer. Frasers Property or the Group refers to Frasers Property Limited (the “Company”) and its subsidiaries.1) At what measurement attribute(s) is the Group’s IP stated in its statement offinancial position?2) Briefly explain the impact of the measurement attribute(s) used on the Group’sfinancial statements.3)How is income from IP reported in the Group’s financial statements? Is itsubstantial in relation to the category of income under which it is reported?Link to annual report: https://investor.frasersproperty.com/newsroom/FPL_Annual_Report_2020.pdfAccountingBusinessFinancial Accounting GLOAD-BUS-X-F 1101
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