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Under the normal convention of accounting, assets are shown in the balance sheet at:

Under the normal convention of accounting, assets are shown in the balance sheet at:

A.

Their current market value

B.

Their cost value

C.

The current cost to the firm of replacing them

D.

Their economic value to the firm

CIMA BA3 Summary

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