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Question 3 Which of the following statements are correct when dealing with non-current assets: I. A single entity can choose to record their Sydney buildings
Question 3 Which of the following statements are correct when dealing with non-current assets: I. A single entity can choose to record their Sydney buildings at fair value while recording their Hobart buildings at historical cost. II. Gains on the revaluation of assets under the revaluation model are not always recorded through other comprehensive income, An entity cannot record a self-developed brand at fair value
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