Which of the following is NOT a disadvantage of current exit value accounting; A)it fails to follow the going concern convention. B)it considered to be subjective. C)it only focusses on long- run operational effectiveness. D)it fails to give useful information about internal usefulness of assets.

Question

Quizplus · Accepted Answer

Current exit value accounting actually focuses on short-term, rather than long-run, operational effectiveness. Therefore, option C is not a disadvantage of current exit value accounting.

Which of the Following Is NOT a Disadvantage of Current