MCQOPTIONS
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| 1. |
The written down value or going concern value of an asset is………. |
| A. | the estimated amount that the assets would fetch, if sold or disposed off. |
| B. | the amount that is estimated to replace the asset |
| C. | the amount that an asset costs, when purchased or acquired, less the provisions made for depreciation since its acquisition |
| D. | all of the above |
| Answer» D. all of the above | |