James Cook Plc Bought a Piece of Land 10 Years

Multiple Choice

James Cook Plc bought a piece of land 10 years ago and the market value of this property is now worth five times its purchase cost.The accountant suggested that James Cook Plc should revalue the asset.This notion is consistent with the qualitative characteristic of:

A) relevance.
B) faithful representation.
C) understandability.
D) comparability.