The estimated cost to replicate assets of an investment center at the current level of service and functionality of these assets is defined as:
A) Gross book value.
B) Historical cost, plus accumulated depreciation to date.
C) Liquidation value.
D) Replacement cost.
E) Price-level adjusted original cost.

Question

Quizplus · Accepted Answer

The estimated cost to replicate assets of an investment center at the current level of service and functionality of these assets is defined as replacement cost.

The Estimated Cost to Replicate Assets of an Investment Center