Refer to Curriculum. Volume 3. Page672
12 Under JASB standards, identifiable intangible assets are
A only revalued downward, with the decrease reported to profit and loss
B revalued upward and reported to equity when reversing a previous revaluation decrease.
C revalued upward and reported to profit and loss when reversing a previous revaluation decrease.
Solution:
C is correct. Any upward revaluation is reported as part of equity, unless it is reversing a previous
revaluation decrease. |
发表于 2013-8-19 10:45
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