The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date is known as the:
A)fair value.
B)cost.
C)net present value.
D)realisable value.

Name: The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date is known as the: A)fair value. B)cost. C)net present value. D)realisable value.
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Question

Quizplus · Accepted Answer

The Answer is A

The Price That Would Be Received to Sell an Asset