Which of the following is the amount of money that would be realized upon the sale of the asset at some point in the future, less the costs associated with owing, operating and selling it?
A. Net realizable value
B. Cost
C. Fair value
D. Going concern
Answer:A
Which of the following is the amount of money that would be realized upon the sale of the asset at some point in the future, less the costs associated with owing, operating and selling it?
A. Net realizable value B. Cost C. Fair value D. Going concern