What Is the Meaning of "Historical Cost

question 117

Multiple Choice

What is the meaning of "historical cost"?

• 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.

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Definitions:

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Form of diabetes found in pregnant women.

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A branch of medicine concerned with childbirth and the care of women giving birth.

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