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A decision has been made to change the value of a major non-current asset, upon...

A decision has been made to change the value of a major non-current asset, upon which depreciation is based, from original cost to a revalued amount. This results in a change in

A.

measurement basis and must be disclosed.

B.

accounting estimate and must be disclosed.

C.

measurement basis and does not need to be disclosed.

D.

accounting estimate and does not need to be disclosed.

CPA Australia Financial-Accounting-and-Reporting Summary

  • Vendor: CPA Australia
  • Product: Financial-Accounting-and-Reporting
  • Update on: Jan 6, 2026
  • Questions: 100
Price: $52.5  $149.99
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