The Price That Would Be Received to Sell an Asset

question 48

Multiple Choice

The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date is known as the:

• A)fair value.
• B)cost.
• C)net present value.
• D)realisable value.

---

Definitions:

Anger

A strong emotion characterized by antagonism toward someone or something you feel has deliberately wronged you.

Cardiovascular Disease

A class of diseases involving the heart or blood vessels, significant contributors to mortality and morbidity worldwide.

Anxiety

A psychological condition marked by intense feelings of nervousness, apprehension, or dread that significantly disrupt an individual's routine life.

Depression

A psychiatric disorder defined by ongoing feelings of depression or a diminished interest in tasks, resulting in substantial interference with daily activities.