When Using the Revaluation Model

question 43

Multiple Choice

When using the revaluation model:

• A) ongoing record keeping costs are generally lower than if the cost model were used.
• B) the values reported for property, plant and equipment will provide more relevant information to users of the financial statements.
• C) depreciation expenses will generally be lower than under the cost model.
• D) the entity's financial statements will be consistent with US GAAP requirements.

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Definitions:

Molecular Formula

A representation of the number and type of atoms present in a molecule, showing the exact composition of a molecule but not its structure.

M/Z Values

In mass spectrometry, a ratio of the mass to the charge number of ions, used to identify and quantify substances in a sample.

Molecular Ions

Ions composed of more than one atom, formed when a molecule gains or loses electrons.

Molecular Ion Peak

The peak in a mass spectrum that corresponds to the mass of the intact molecule, often used for molecular weight determination.