Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) The "net book value" or "Carrying amount" of a non-current asset reflects the market value of the asset.
B) The "net book value" or "Carrying amount" of a non-current asset is the cost of the asset, minus accumulated depreciation
C) The "net book value" or "Carrying amount" is the original cost of the asset
D) The "net book value" or "Carrying amount" cannot be calculated from a published Statement of Financial Position