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    Business
  3. Study Set
    Australian Financial Accounting Study Set 1
  4. Exam
    Exam 6: Revaluation and Impairment Testing of Non-Current Assets
  5. Question
    AASB 116 Requires Entities to Review at Least at the End
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AASB 116 Requires Entities to Review at Least at the End

Question 2

Question 2

True/False

AASB 116 requires entities to review at least at the end of each annual reporting period to assess if the fair value of the non-current assets has changeD.

Correct Answer:

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