Which statement describes the "revaluation model"? Question content area bottom Part 1 A. A model which restates the carrying value of an asset to the asset's fair value on the date of revaluation. B. A model which values the asset based on its productive capacity. C. A model which keeps the carrying value of an asset and adjusts for depreciation and impairment. D. A model which restates the value of an asset at each measurement date