Multiple Choice
Which statement is correct regarding the use of the cost model and the revaluation model?
A) The cost model is not allowed under IFRS.
B) The revaluation model is the only model allowed under IFRS.
C) The cost model is the only model allowed under ASPE.
D) Either the cost model or the revaluation model can be under ASPE.
Correct Answer:
Verified
Correct Answer:
Verified
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