ACCA Financial Reporting (FR): Free diagnostic test

15 questions across every syllabus area. At the end you will see your weak spots and can get a study plan. No registration needed.

B · Revaluation decreaseIntermediate

Question 1 of 15

A building was revalued last year, creating a revaluation surplus of $30,000. This year its value falls by $50,000. How is the fall recognised?