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Accountıng Iı Deneme Sınavı Sorusu #1044235
Accountıng Iı Deneme Sınavı Sorusu #1044235
_____ is defined as 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.
Which option completes the sentence above?
|
Prepaid expense |
|
Fair value |
|
Unearned revenue |
|
Discount on bond |
|
Premium on bond |
Yanıt Açıklaması:
Fair Value is defined as 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. The correct answer is B.
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