At Acquisition Date,the Cost Price and Fair Value of an Asset

question 5

Multiple Choice

At acquisition date,the cost price and fair value of an asset will be fairly equivalent.However,over the life of the asset,the:

• A) fair value will always be greater than the cost price.
• B) cost price will always be greater than the fair value.
• C) fair value and cost price will most likely diverge.
• D) fair value and cost price will remain fairly equivalent.

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Definitions:

Deaf Children

Children who have a severe hearing impairment, which significantly affects their ability to communicate and interact with their environment.

Infant-Directed Speech

A form of speech characterized by a higher pitch, slower tempo, and exaggerated intonations, used by adults when talking to babies to aid in language development.

Cross-Culturally

Involving, pertaining to, or extending across two or more cultures.

Ethnicity

A category of people who identify with each other based on shared cultural, linguistic, or ancestral traits.