Which of the Following Is the Attribute Used to Measure

question 175

Multiple Choice

Which of the following is the attribute used to measure many assets that are recognized on a balance sheet,because it is more objective and verifiable?

• A)Market value
• B)Historical cost
• C)Liquidation value
• D)Current replacement cost

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Definitions:

Acetals

Chemical compounds formed from the reaction between an aldehyde or ketone and a diol, featuring two ether-like oxygen atoms bonded to the same carbon.

PhLi

Phenyllithium, a strong organolithium reagent used in the formation of carbon-carbon bonds in organic synthesis.

NaBH

Likely refers to a sodium borohydride compound, NaBH4, used as a reducing agent in organic chemistry.

MgBr

Likely a shorthand for a magnesium bromide compound, which can act as a Grignard reagent in organic synthesis.