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A firm uses the revaluation model to revalue its foxed assets under IFRS. Which of the following is not a feature of the revaluation model?

A firm uses the revaluation model to revalue its foxed assets under IFRS. Which of the following is not a feature of the revaluation model? A. Impairment is recognized by first using the revaluation surplus and then recording the loss on the income statement. B. C. Accumulated depreciation after the fair value revaluation date is considered. D

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