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Which of the following is correct with respect to the fair value model? A model that recognizes depreciation annually in the other comprehensive income. A

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Which of the following is correct with respect to the "fair value model"? A model that recognizes depreciation annually in the other comprehensive income. A model that recognizes depreciation annually in the income statement A model that recognizes depreciation annually in the revaluation surplus account. A model that does not recognize any depreciation expense in the financial statements

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