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  3. Study Set
    Financial Accounting and Reporting
  4. Exam
    Exam 6: Revaluations and Impairment Testing of Non-Current Assets
  5. Question
    IAS 38 Will Permit Some Intangible Assets to Be Revalued
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IAS 38 Will Permit Some Intangible Assets to Be Revalued

Question 32

Question 32

True/False

IAS 38 will permit some intangible assets to be revalued upwards only when there is an 'active market' for the asset.

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