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Tony enjoys "extreme" skateboarding. He likes to ride in places where he knows it is forbidden, he enjoys doing bigger and bigger tricks, and the risk of getting hurt or even killed only compounds his enjoyment of his sport. He is constantly looking for new ways to push the envelope of skateboarding. Tony would probably be considered to be a(n) ________.
Measurement Date
The specific point in time at which the value of an asset or liability is determined for accounting purposes, often used in reference to financial instruments or employee stock options.
Highest Use
An appraisal concept referring to the most probable use of a property or asset that is legally permissible, physically possible, financially feasible, and maximally productive.
Valuation Techniques
Methods and approaches used to determine the fair value of an asset, liability, or a company, based on assumptions of future cash flows, market trends, or comparative assets.
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