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What is the allowable accounting treatment regarding revaluations upward of property, plant and equipment to reflect current appraisals? O Permissible provided current value evidence
What is the allowable accounting treatment regarding revaluations upward of property, plant and equipment to reflect current appraisals? O Permissible provided current value evidence is sufficiently objective. O Usually not acceptable in financial statements. O Permitted in statements of unconsolidated United States domestic subsidiaries. O Permissible only during times of rapidly increasing prices.
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