Which of the following is not an approach to determining current value?
A) Replacement cost
B) Thrift value
C) Selling price
D) Discounting present value

Question

Which of the following is not an approach to determining current value? 
A) Replacement cost
B) Thrift value
C) Selling price
D) Discounting present value

Quizplus · Accepted Answer

Replacement cost, selling price, and discounting present value are all approaches to determining current value. However, thrift value is not a commonly used approach in determining the current value of an asset.

Which of the Following Is Not an Approach to Determining