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    Financial Accounting Study Set 26
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    Exam 1: The Financial Statements
  5. Question
    The Relevant Measure of Value of the Assets of a Company
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The Relevant Measure of Value of the Assets of a Company

Question 52

Question 52

Multiple Choice

The relevant measure of value of the assets of a company that is going out of business is its:


A) liquidation value
B) historical cost
C) carrying amount
D) recorded value

Correct Answer:

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