Future economic benefits for assets come from:
A) value-in-utility
B) value-in-exchange
C) value-in-use
D) both B and C

Question

Quizplus · Accepted Answer

Value-in-exchange refers to the monetary value that an asset can bring in a market setting, while value-in-use is the value derived from the actual use or utility of the asset. Both of these factors contribute to an asset's economic benefits in the future, as they determine the potential for revenue generation or cost savings. Therefore, the best choice is D, as both value-in-exchange and value-in-use play a role in determining future economic benefits for assets.

Future Economic Benefits for Assets Come From