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Which Statement Is Correct

Question 18

Multiple Choice

Which statement is correct?


A) The revaluation model is required for non-current assets under IFRS.
B) The revaluation model is required for non-current assets under ASPE.
C) The revaluation model is optional for non-current assets under IFRS.
D) The revaluation model is optional for non-current assets under ASPE.

Correct Answer:

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