IAS 12 inconsistent with conceptual framework

I don't know what they mean by deferred debit - I am sure that no student would have written this. :) The point that matters is that the DT assets and liabilities that arise do not necessarily meet the definition of assets and liabilities in the conceptual frameworks. If I revalue an asset, there will be a DT liability - but if I have no intention of ever selling the asset, there will never be an outflow of economic benefits.