What Is the Meaning of "Entry Value

question 88

Multiple Choice

What is the meaning of "entry value"?

• A)The cost required to replace the productive capacity of an asset.
• B)The value of an asset in an input market or output market on the date of measurement.
• C)The value expected from the sale of an asset, net of any costs of disposal.
• D)The actual cost of an asset at the time it was purchased.

---

Definitions:

Risk

The probability or threat of damage, injury, liability, loss, or any other negative occurrence, potentially caused by external or internal vulnerabilities, and that may be mitigated through preventive actions.

Sale of Goods Transaction

A commercial activity involving the transfer of ownership of tangible personal property from a seller to a buyer for a price.

Bill of Exchange

A written, unconditional order by one party directing another party to pay a specified sum of money to a third party at a specified time.

Pay Money

The act of giving a certain amount of currency or financial value in exchange for goods or services.