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    Exam 2: A Further Look at Financial Statements
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    The Principle That Indicates That Assets Should Be Reported at the Price
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The Principle That Indicates That Assets Should Be Reported at the Price

Question 14

Question 14

Multiple Choice

The principle that indicates that assets should be reported at the price that would be received to sell the asset is the


A) historical cost principle.
B) fair value principle.
C) full disclosure principle.
D) consistency principle.

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