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    Business
  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 6: Revaluations and Impairment Testing of Non-Current Assets
  5. Question
    Positive Accounting Theory Suggests That the Revalution Model Is Income
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Positive Accounting Theory Suggests That the Revalution Model Is Income

Question 68

Question 68

True/False

Positive Accounting Theory suggests that the revalution model is income increasing because the credit is asset revaluation reserve.

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