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After Asking a Question,approximately How Long Should You Wait Before

question 21

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After asking a question,approximately how long should you wait before rephrasing the question or giving an answer?


Definitions:

Capitalised

Expenses or costs that are added to the value of an asset, instead of being treated as an expense in the period they were incurred.

Fair Value

An estimated market price of an asset or liability, reflecting the amount for which it could be exchanged between knowledgeable and willing parties in an arm's length transaction.

Market Participants

Buyers and sellers in the principal market that are independent of each other, knowledgeable, and willing and able to enter into a transaction.

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