When valuing non-financial assets which use for the asset should be considered?

Name: When valuing non-financial assets which use for the asset should be considered?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When valuing non-financial assets, it is important to consider the asset's highest and best use. This means evaluating what the asset could potentially be used for in the most profitable manner, even if it is not currently being used for that purpose. The expected use and current use may not fully capture the potential value of the asset.

When Valuing Non-Financial Assets Which Use for the Asset Should