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    Intermediate Accounting Study Set 9
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    Exam 4: Income Statement and Related Information
  5. Question
    IFRS Allows for Revaluation of Long-Term Tangible and Intangible Assets
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IFRS Allows for Revaluation of Long-Term Tangible and Intangible Assets

Question 93

Question 93

True/False

IFRS allows for revaluation of long-term tangible and intangible assets with the differencesimpacting equity but not net income.

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