When an Operational Asset Is Acquired for Non-Cash Consideration, the Cost

question 23

True/False

When an operational asset is acquired for non-cash consideration, the cost of the asset received always is measured as the book value of the non-cash consideration given up.

---

Definitions:

Intrude

To enter without permission or welcome, often causing disruption or disturbance.

Pathogenic

Referring to an organism or substance capable of causing disease or illness in its host.

Harmless Bacteria

Bacteria that do not cause disease or harm to their host, often playing beneficial roles in the environment or human body.

Nutrients

Substances that provide nourishment essential for the growth and maintenance of life.