Examlex
Learning that occurs when an organism makes a connection between two events is called
Revalued Upward
Revalued upward is a term used in accounting to indicate an increase in the book value of an asset to reflect its current market value.
Subsequent Depreciation
The allocation of an asset's cost over its useful life, considering any adjustments made following the asset's initial measurement and recognition.
Revaluation Method
A method used to adjust the carrying value of an asset to its current market value on the balance sheet.
IFRS
The International Financial Reporting Standards (IFRS) provide a common global language for business affairs so that company accounts are understandable and comparable across international boundaries.
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