Historical Cost vs. Fair Value
Quiz by Joaquin Guarisma
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5 questions
Show answers
- Q1
Which is the oldest and most traditional method?
Fair Value
Historical Cost and Conservatism
Hybrid
Historical Cost
30s - Q2
Which method are you using if you were to employ the income approach?
Hybrid
Market
Historical Cost
Fair Value
30s - Q3
In the Hybrid method, the fair value method is predominant over the historical cost method.
falsetrueTrue or False30s - Q4
Sort the pros into their respective methods:
Users sort answers between categoriesSorting60s - Q5
Match the following definitions with it's method/approach.
Users link answersLinking60s