menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Study Set 3
  4. Exam
    Exam 21: Non-Current Assets: Revaluation, Disposal and Other Aspects
  5. Question
    In Accounting Standard IAS 16/AASB 116 a Downward Revaluation Is
Solved

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

Question 60

Question 60

Multiple Choice

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


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q55: Which of these terms have the same

Q56: What is the accounting entry to amortise

Q57: Recoverable amount is the:<br>A) higher of an

Q58: A revaluation surplus is what type of

Q59: Which statement is not correct?<br>A) If an

Q61: According to IFRS 3/AASB 3 purchased goodwill:<br>A)

Q62: If a computer with a fully depreciated

Q63: Revaluations that occur must be upward or

Q64: When an asset is sold the gain

Q65: Which pairing of non-current assets and acquisition

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines