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Q. |
In case of depreciable assets are revalued, the provision for depreciation is based on |
A. | Market value of the assets |
B. | Historical cost of the asset |
C. | Written down value of the asset |
D. | the revalued amount over the estimate of the remaining useful life of such asset. |
Answer» D. the revalued amount over the estimate of the remaining useful life of such asset. |
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