IFRS Allows,but Does Not Require,revaluation of Property,plant and Equipment to Fair

question 6

True/False

IFRS allows,but does not require,revaluation of property,plant and equipment to fair value.

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Definitions:

Bipolar Disorder

A psychological disorder marked by severe fluctuations in mood, ranging from manic or hypomanic episodes to depressive lows.

Manic Phase

A period of abnormally elevated mood, energy and activity levels, often associated with bipolar disorder.

Poor Appetite

A reduced desire to eat, often resulting from psychological or physical illness.

Huge Contributions

Large or significant additions, achievements, or efforts that have a major impact on a field or area.