Which of the following is a difficulty in determining current market values when determining the value of fixed assets?
A) There is an absence of active markets for many fixed assets.
B) It is difficult to identify comparable assets currently available in the marketplace to value assets in place.
C) It is difficult to make assumptions about the effects of technology and other improvements when using the prices of new assets currently available on the market in the valuation process.
D) All of these are correct.

Question

Quizplus · Accepted Answer

All of the given options are difficulties in determining current market values when valuing fixed assets. There may not be an active market for certain assets, making it difficult to determine their value. Even if there is an active market, it may be challenging to identify comparable assets to the one being valued. Additionally, technology and other improvements may affect the value of assets, making it difficult to rely solely on the prices of new assets currently available in the market when valuing fixed assets.

Which of the Following Is a Difficulty in Determining Current