Which of the Following Is True of Nonoperating Assets of a Business

question 43

Multiple Choice

Which of the following is true of nonoperating assets of a business?

• A) These are included in the valuation depending on the approach used.
• B) These are required to produce the expected future benefit stream.
• C) These should be excluded from the valuation.
• D) These should always be included in the valuation.

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Definitions:

Legal Problems

Issues or disputes that require resolution through the legal system or through legal processes.

Private Law

The branch of law that deals with relationships between individuals or institutions, as opposed to public law which concerns itself with the state and individuals.

Damages

Financial compensation ordered to be paid as a remedy for harm caused by a breach of duty or negligence.

Civil Law

A legal system based on written codes and statutes, as opposed to common law, which is based on judicial precedents and interpretations.