Which of the Following Measures of 'Value' Is Not Used

question 60

Multiple Choice

Which of the following measures of 'value' is not used under AASB accounting standards for property,plant and equipment?

• A)fair value
• B)written down value
• C)historical cost
• D)current cost

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Definitions:

Nonmaleficence

A principle in bioethics stating that one should not cause harm to others. This principle is crucial in healthcare decision-making.

Autonomy

The capacity and right of individuals to make their own choices and decisions, often highlighted in ethical discussions and personal development.

Fidelity

The degree of accuracy and faithfulness with which a study or research project is conducted, ensuring the reliability of the findings.

Legal Issue

A matter or dispute that is subject to laws and regulations and may require legal intervention for resolution.