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11-1 IAS 16 Property, Plant and Equipment and IAS 40 Investment Property both provide a choice between using cost-based or fair value accounting. Instructions Prepare

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11-1 IAS 16 Property, Plant and Equipment and IAS 40 Investment Property both provide a choice between using cost-based or fair value accounting. Instructions Prepare a comparison of the fair value model of IAS 40 and the revaluation model of IAS 16

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