Which Statement Describes the "Revaluation Model

question 56

Multiple Choice

Which statement describes the "revaluation model"?

• A)A model which keeps the carrying value of an asset and adjusts for depreciation and impairment.
• B)A model which restates the value of an asset at each measurement date.
• C)A model which restates the carrying value of an asset to the asset's fair value on the date of revaluation.
• D)A model which values the asset based on its productive capacity.

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Definitions:

Variable-interval Schedule

A reinforcement schedule in which rewards are given following a variable amount of time.

Responding

The act of reacting to a stimulus or situation, often used in the context of behavioral psychology.

Contingency Management

A behavioral strategy that modifies behavior by changing the consequences, typically through rewards or punishments, contingent on the behavior.

Assessment

The evaluation or measurement of the nature, ability, or quality of something, often applied within educational, psychological, or performance contexts.