Question: Under the IFRS revaluation model for accounting for plant, property, and equipment a. Assets must be revaluated quarterly. b. Assets must be revaluated annually. c.

Under the IFRS revaluation model for accounting for plant, property, and equipment

a. Assets must be revaluated quarterly.

b. Assets must be revaluated annually.

c. Assets must be revaluated biannually.

d. There are no rules regarding the frequency of revaluation.

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