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    Financial Accounting Study Set 21
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    Exam 8: Long-Term Assets
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    The Ultimate Sales Value of a Long-Term Asset Is Referred
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The Ultimate Sales Value of a Long-Term Asset Is Referred

Question 26

Question 26

Multiple Choice

The ultimate sales value of a long-term asset is referred to as its


A) residual value.
B) value in use.
C) net book value.
D) historical value.

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