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Alexxx [7]
2 years ago
9

In most situations, asset values do not equal the amount of money that could be realized if the assets were sold.

Business
1 answer:
charle [14.2K]2 years ago
4 0

Answer:

True

Explanation:

The answer to this question is true. The recording of assets is usually done at cost. This is equivalent to the value that was exchanged when the asset was sold. In a country like the United States for example, if an asset such as a land or machine gets to appreciate in value after a period of time, it is not usually revalued. Therefore the answer to this question is true.

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The answer is recognition.

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Answer:

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Careers in the Transportation and Logistics career cluster are
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8 0
2 years ago
Auditors consider fi nancial statement assertions to identify appropriate audit procedures. For
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6 0
3 years ago
The following data is available for Bonita Corporation at December 31, 2018: Common stock, par $10 (authorized 31200 shares) $24
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Answer:

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3 years ago
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