-The item marked 1 in the accompanying figure is the _______ value.
A)sum
B)declining balance
C)initial asset
D)salvage

Name: -The item marked 1 in the accompanying figure is the _______ value. A)sum B)declining balance C)initial asset D)salvage
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Question

-The item marked 1 in the accompanying figure is the _______ value.
A)sum 
B)declining balance 
C)initial asset 
D)salvage

Quizplus · Accepted Answer

The initial asset value refers to the original cost or value of an asset when it was first acquired.

-The Item Marked 1 in the Accompanying Figure Is the _______