While us gaap requires assets to be valued at the lower of, Ask an Expert

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• While US GAAP requires assets to be valued at the lower of cost or market, there is a belief that assets with value fluctuations should be valued at market and adjusted on a regular basis. Create an argument supporting the use of market value for investment valuation. Provide support for your argument.

• Assess the potential abuses of companies using a market value approach to investment valuation and how it may impact decisions made by the public relying on the information.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9403045

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