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Part In accordance with HKAS 36 Impairment of Assets, briefly comment which accounting concept is referred to in the case of reversal of impairment losses
Part In accordance with HKAS 36 Impairment of Assets, briefly comment which accounting concept is referred to in the case of reversal of impairment losses (2 marks). On the other hand, explain the drawback of using revaluation model in assessing the value of Property, Plant and equipment (3 marks). (Total: 30 marks)
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