[Solved] Valuation of Fixed Assets is based on the concept

Valuation of Fixed Assets is based on the concept

a) Going concern

b) Conservation

c) Money measurement

d) Dual aspect

Answer: (a) Valuation of Fixed Assets is based on the concept going concern. Asset valuation plays a key role in finance and often consists of both subjective and objective measurements. The value of a company’s fixed assets – which are also known as capital assets or property plant and equipment – are straightforward to value, based on their book values and replacement costs.

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