Question

how can we assess the valve of accounting standard​

Answer 1

A➡ There are four ways to determine the fair market value of an asset.

Cost Minus Economic Depreciation: Provided you bought the asset at fair market value, to begin with, you can usually use this method. ...

Cost Minus Economic Depreciation: Provided you bought the asset at fair market value, to begin with, you can usually use this method. ... Comparable Sales: This is a common way to determine FMV and is often used to determine the value of real estate.

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Answer 2

Answer:

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