Share the love | Get Rewarded CANADIAN UNIVERSITY DUBAI YOU a to Canada Receive credit in the amount of 1 course (3 Credit Hours net) towards your tuition fees for every new fulltime fully paid student 1 2020-21 > > ACT 330-1 | INB 450-1 (Metacourse) 16 If a company chooses the revaluation model permitted in IAS 16 for fixed asset measurement Select one: not a, it must update the valuation so that the balance sheet represents fair value on the balance sheet me b. the depreciated replacement cost must be used as the fair value of the fixed asset. c. appraisals must be performed by an official of the ASB. d. annual revaluations must be performed on each class of assets. page