Matching
Match the proper valuation to the descriptions
Premises:
Present value
Fair market value
Replacement cost
Residual interest
Responses:
Amount paid is reduced by the measured amount used up
Amount that would have to be paid to acquire the same asset at the balance sheet date
Discounted cash flows
Amount derived from net equity of company
Amount received if the asset were sold
Correct Answer:
Premises:
Responses:
Amount paid is reduced by the measured amount used up
Amount that would have to be paid to acquire the same asset at the balance sheet date
Discounted cash flows
Amount derived from net equity of company
Amount received if the asset were sold
Premises:
Amount paid is reduced by the measured amount used up
Amount that would have to be paid to acquire the same asset at the balance sheet date
Discounted cash flows
Amount derived from net equity of company
Amount received if the asset were sold
Responses:
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