Mundac adopts the revaluation model for its property, plant and equipment for the first time. How is this change treated?Your answerAAs the correction of a prior period error.BAs a change in accounting estimate, prospectively.CAs a revaluation under the standard on property, plant and equipment, not under IAS 8.DBy retrospective application, restating comparatives and opening equity of the earliest period presented.SubmitHint