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4- IAS 16 Property, plant and equipment identifies and describes two different models of accounting for tangible non-current assets. Discuss the importance of these two

4- IAS 16 Property, plant and equipment identifies and describes two different models of accounting for tangible non-current assets. Discuss the importance of these two models and Identify the depreciation methods used by Philips.

[Marks (Words): 10(100)]

.(using Philips Annual Report 2020 | Philips Results )

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