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  2. Topic
    Business
  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 4: An Overview of Accounting for Assets
  5. Question
    AASB 116 Property,Plant and Equipment Allows Both Cost and Revaluation
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AASB 116 Property,Plant and Equipment Allows Both Cost and Revaluation

Question 21

Question 21

True/False

AASB 116 Property,Plant and Equipment allows both cost and revaluation models to be applied as a measurement basis to one class of property,plant and equipment.

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