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Match the Proper Valuation to the Descriptions

Question 102

Matching

Match the proper valuation to the descriptions

Premises:

Responses:

Present value

Amount paid is reduced by the measured amount used up

Fair market value

Amount that would have to be paid to acquire the same asset at the balance sheet date

Replacement cost

Discounted cash flows

Residual interest

Amount derived from net equity of company

Amount received if the asset were sold

Premises:

Present value

Fair market value

Replacement cost

Residual interest

Responses:

Amount paid is reduced by the measured amount used up

Amount that would have to be paid to acquire the same asset at the balance sheet date

Discounted cash flows

Amount derived from net equity of company

Amount received if the asset were sold

Correct Answer:

Premises:

Responses:

Amount paid is reduced by the measured amount used up

Amount that would have to be paid to acquire the same asset at the balance sheet date

Discounted cash flows

Amount derived from net equity of company

Amount received if the asset were sold

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