Deprival value measures the opportunity cost to the enterprise of being deprived of the asset.

Question

Quizplus · Accepted Answer

Deprival value is a measure of the potential loss to an enterprise if it were deprived of a specific asset or resource. It represents the opportunity cost of not having access to the asset, and it helps organizations determine the value of their assets based on how much they contribute to revenue and profitability. Therefore, the statement is true.

Deprival Value Measures the Opportunity Cost to the Enterprise of Being