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    Accounting Study Set 2
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    Exam 15: Non-Current Assets: Revaluation, Disposal and Other Aspects
  5. Question
    In Accounting Standard IAS 16/AASB 116, a Downward Revaluation Is
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In Accounting Standard IAS 16/AASB 116, a Downward Revaluation Is

Question 29

Question 29

Multiple Choice

In accounting standard IAS 16/AASB 116, a downward revaluation is now known as a:


A) revaluation decrement.
B) revaluation depletion.
C) revaluation increment.
D) revaluation decrease.

Correct Answer:

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