👉 Revalidated is a concept in the field of accounting, specifically related to the process of validating and updating financial records. This term can be used to mean either: 1. Revalidation: The act of revalidating an existing record or financial statement. 2. Revaluation: The process of valuing assets and liabilities based on their current market value. Both terms refer to processes that involve identifying discrepancies between the original records and those in the ledger, updating them accordingly, and ensuring accuracy through reconciliation.
