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  2. Topic
    Business
  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 7: Inventory
  5. Question
    Upward Revaluation of Inventory Is Permitted for as Long as All
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Upward Revaluation of Inventory Is Permitted for as Long as All

Question 42

Question 42

True/False

Upward revaluation of inventory is permitted for as long as all assets in same inventory class are revalued.

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