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    Issues in Financial Accounting
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    Exam 4: A Conceptual Framework: Recognition and Measurement of the Elements of Financial Statements
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    The Amount That an Entity Would Need to Receive to Compensate
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The Amount That an Entity Would Need to Receive to Compensate

Question 15

Question 15

Multiple Choice

The amount that an entity would need to receive to compensate it for the loss of an asset is known as:


A) value-in-use
B) carrying value
C) deprival value
D) value-in-exchange

Correct Answer:

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