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(19) Which of the following statements regarding non-current asset accounting is correct? A All non-current assets should be revalued each year. B Non-current assets may
(19) Which of the following statements regarding non-current asset accounting is correct? A All non-current assets should be revalued each year. B Non-current assets may be revalued at the discretion of management. Once revaluation has occurred it must be repeated regularly for all non-current assets in a class. C Management can choose which non-current assets in a class of non-current assets should be revalued. D Non-current assets should only be revalued to reflect rising prices
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