The depreciation expense charged to each accounting period is an estimate that involves the exercise of__________judgement.

Question 16 options:

a)

personal

b)

legal

c)

professional

d)

political

Question 18 (1 point)

In undertaking revaluations, it is necessary to consider the requirements pertaining to revaluations as stipulated in AASB 116 Property, Plant and Equipment and AASB 138 _____________________.

Question 18 options:

a)

Intangible Assets

b)

Impairment of Assets

c)

Joint Arrangements

d)

None of the given answers are correct