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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
    AASB 116 Requires That If It Has Been Decided to Revalue
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AASB 116 Requires That If It Has Been Decided to Revalue

Question 66

Question 66

True/False

AASB 116 requires that if it has been decided to revalue a class of non-current assets,the valuations must be kept up to date.

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