Revaluation method of depreciation is generally used in the case of:

The correct answer is: A. Plant.

Revaluation method of depreciation is generally used in the case of plant. Plant is a long-term asset that is used in the production of goods or services. It includes items such as machinery, equipment, and vehicles. The revaluation method of depreciation is based on the assumption that the value of plant assets will decline over time due to wear and tear, obsolescence, and other factors. Under this method, the value of the asset is revalued at regular intervals, and the depreciation charge is based on the revalued value.

The other options are incorrect because:

• Land and buildings are not depreciated because they are considered to have an indefinite life.
• Stock is not depreciated because it is a current asset that is expected to be sold within one year.
• Loose tools are not depreciated because they are considered to have a short life and are not expected to be used for more than one year.