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Use the 2020 Annual report of Maaden to answer the following questions: 3-IAS 16 Property, plant and equipment identifies and describes two different models of

image text in transcribed Use the 2020 Annual report of Maaden to answer the following questions: 3-IAS 16 Property, plant and equipment identifies and describes two different models of accounting for tangible non-current assets. Discuss the role of these two models for Maaden and describe the depreciation methods used by Maaden. [Marks (Words): 10(200)]

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