In Accounting Standard IAS 16/AASB 116, a Downward Revaluation Is

question 29

Multiple Choice

In accounting standard IAS 16/AASB 116, a downward revaluation is now known as a:

• A) revaluation decrement.
• B) revaluation depletion.
• C) revaluation increment.
• D) revaluation decrease.

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