Q)

D9. What is the distinction between an overhaul, replacement of a component, and day-to-day repairs and maintenance? Give an example of each and explain how the accounting treatment is different.

Q)

D1. Discuss whether and how a company should account for a revaluation increase and a revaluation decrease on property, plant and equipment. Discuss also the accounting treatment if such an increase or decrease is reversed. D4. Discuss whether internally generated intangible assets should be treated in the same way as acquired intangible assets.