Question 3 Not yet answered Marked out of 1.00 p Flag question Which of the following statements relating to an asset revaluation surplus account is correct? O a. An entity can transfer the surplus to current period profit or loss when the asset is disposed of. O b. An entity is able to use this surplus for the payment of future dividends. O c. An entity is not able to use this surplus for the payment of future dividends. O d. An entity is not able to transfer this surplus to any other reserve account. Previous page