Which Statement Is Correct

question 109

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.

---

Definitions:

Editing Group

A set of tools or controls within software that are used for modifying text, images, or other elements within a document or project.

Outline View

A feature in many document and presentation applications that displays the structure of a document in an easy-to-navigate, hierarchical manner.

Navigation Group

A set of user interface elements grouped together to facilitate movement through information or documents.

Top Margin

The space between the top edge of a page and the first line of text or content.