Which of the Following Is NOT an Advantage of Current

question 7

Multiple Choice

Which of the following is NOT an advantage of current exit value accounting;

• A)it follows the economic 'opportunity cost' principle.
• B)exit values facilitate comparison.
• C)the concept of realisable value is best understood by professional accountants.
• D)it is already widely used.

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Definitions:

Insider Trading

The illegal practice of trading a public company's stock or other securities based on material, non-public information about the company.

Prospects

Potential customers or clients, or the likelihood of future success in a particular area.

Administrative Agencies

Governmental bodies responsible for the oversight and administration of specific functions, such as regulation or enforcement of laws and public policies.

Criminal Laws

Laws that define behaviors prohibited by the state because they threaten, harm, or otherwise endanger the safety and welfare of the public.