What Is the Meaning of "Net Realizable Value

question 72

Multiple Choice

What is the meaning of "net realizable 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.

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Definitions:

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