What Is the Difference Between Market Value and Book Value

Multiple Choice

What is the difference between market value and book value?

A) The market value represents the price for which an asset could be sold at the end of its physical life whereas the book value represents the depreciated value of the asset for accounting purposes.
B) The market value represents the price for which an asset could be sold at any point in its life, whereas the book value represents the depreciated value of the asset for accounting purposes.
C) The market value represents the price for which an asset could be sold at any point in its life whereas the book value represents the actual value of an asset at the end of its useful life.
D) The market value represents the price for which an asset could be sold at the end of its physical life whereas the book value represents the price for which an asset could be sold at the end of its useful life.
E) The market value represents the price for which an asset could be sold at the end of its useful life whereas the book value represents the depreciated value of an asset for accounting purposes.