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The accounting concept which states that non-current assets should be valued at cost (or valuation)...

The accounting concept which states that non-current assets should be valued at cost (or valuation) less accumulated depreciation, rather than their saleable value in the event of closure, is the.

A.

Net realisable value concept

B.

Realisation concept

C.

Prudence concept

D.

Going concern concept

CIMA BA3 Summary

  • Vendor: CIMA
  • Product: BA3
  • Update on: Jul 29, 2025
  • Questions: 393
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