The Difference Between a Market Value Balance Sheet and a Book

question 76

Multiple Choice

The difference between a market value balance sheet and a book value balance sheet is that a market value balance sheet:

• A)places assets on the right hand side.
• B)places liabilities on the left hand side.
• C)does not equate the right hand with the left hand side.
• D)lists items in terms of market values, not historical costs.
• E)uses the market rate of return.

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