Under IFRS, noncurrent assets must be revalued on a regular basis. This often results in:

Multiple choice question.

an increase $($credit$)$ in "Accumulated other comprehensive income $($loss$)"$ on the income statement.

an increase $($credit$)$ in "Accumulated other comprehensive income $($loss$)"$ within stockholders' equity.

an increase $($credit$)$ to the noncurrent asset's carrying value.

a decrease $($debit$)$ to the noncurrent asset's carrying value.