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252 PART 3: Accounting for assets 14. Ignoring reversals of previous revaluations, do you think that requiring revaluation decrements to be part of the period's
252 PART 3: Accounting for assets 14. Ignoring reversals of previous revaluations, do you think that requiring revaluation decrements to be part of the period's profit or loss but requiring that revaluation increments go to comprehensive income is consistent with the requirements of the Conceptual Framework? Explain your answer. LO 6.1, 6.6
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