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  3. Study Set
    Australian Financial Accounting Study Set 1
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    Exam 6: Revaluation 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 45

Question 45

True/False

Positive accounting theory suggests that the revalution model is income increasing because the credit is asset revaluation reserve:

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