Which of the following is not a term for the value at which an asset is reported on a financial statement?
A) Carrying value
B) Book value
C) Equipment, net
D) Accrual value

Question

Quizplus · Accepted Answer

The term "accrual value" is not commonly used as a term for the value at which an asset is reported on a financial statement. The other three options (carrying value, book value, and equipment, net) are all commonly used terms for this concept.

Which of the Following Is Not a Term for the Value