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If the NRV of an inventory item increases after it has afready been written down what is a company allowed to do regarding the reversal
If the NRV of an inventory item increases after it has afready been written down what is a company allowed to do regarding the reversal of the wite down under ASPE? Select one: a. The company may reverse the write-down, but the reversal cannot exceed the amount of the original write-down. b. None of the chaices listed C. A company is not allowed to reverse the write-down under ASPE d. A company is allowed to reverse the write-down under ASPE
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