Under the revaluation method of measuring an intangible, the asset is carried at fair value and subject to charges for:

A) interest.
B) inflation.
C) improvements.
D) amortisation and impairment.

Revaluation Method

An accounting technique that involves adjusting the book value of an asset to reflect its current fair market value.

Intangible

Assets that lack physical substance but have value due to their intellectual property or other non-physical qualities, such as patents, trademarks, and goodwill.

Amortisation

The systematic allocation of the depreciable amount of an intangible asset over its useful life.