What is revaluation of plant assets

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Reference no: EM131830567

Question: 1.What is component depreciation, and when must it be used?

2. What is revaluation of plant assets? When should revaluation be applied?

3. Some product development expenditures are recorded as development expenses and others as development costs. Explain the difference between these accounts and how a company decides which classification is appropriate.

Reference no: EM131830567

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