AASB 138 Permits Two Bases for Measuring Intangible Assets,subsequent to Initial

Multiple Choice

AASB 138 permits two bases for measuring intangible assets,subsequent to initial recognition,the cost model and the revaluation model:

A) in practice the revaluation model is the one that is most commonly applied
B) the conditions for the use of the revaluation model will only be met on rare occasions
C) in practice the two models are applied about 50/50
D) none of the above