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Angus company utilizes ifrs for accounting purposes. angus has chosen to revalue its plant assets as of december 31, 2015. what is a key requirement of this revaluation

Angus company utilizes ifrs for accounting purposes. angus has chosen to revalue its plant assets as of december 31, 2015. what is a key requirement of this revaluation
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Angus company utilizes ifrs for accounting purposes. angus has chosen to revalue its plant assets as of december 31, 2015. what is a key requirement of this revaluation

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User Gilbert Le Blanc
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1 Answer

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A.) It must apply the revaluation to all assets within the class that is selected for revaluation.
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User Fabel
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