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The revaluation model of accounting for PP&E assets a. is not allowed under IFRS. b. may be applied to investment property under ASPE. c. may

image text in transcribed The revaluation model of accounting for PP\&E assets a. is not allowed under IFRS. b. may be applied to investment property under ASPE. c. may be applied to all classes of PP\&E including investment property. d. uses a revaluation surplus account to hold net increases in the asset's fair value

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