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Indicate  whether the following statement is true or false. Entities have a fre...

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Indicate  whether the following statement is true or false.

Entities have a free choice as to whether to use the cost model or the revaluation model, and may even choose to measure one class of property plant and equipment using the cost model and another class of property plant and equipment using the revaluation model, but must always use the same measurement model to measure all assets within a class.

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