MCQOPTIONS
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| 1. |
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» E. | |