Market value accounting often is said to be difficult to implement because of the amount of assets that are not actively traded.

Question

Quizplus · Accepted Answer

Market value accounting requires assets to be valued based on their current market value, which can be difficult to determine for assets that are not actively traded, such as plant and equipment or intangible assets. This can make implementation of market value accounting challenging.

Market Value Accounting Often Is Said to Be Difficult to Implement