1) Match the following terms with the definitions below. (Points: 60) Potential Matches: 1: Current market value 2: Current market value method 3: Discounted cash flow method 4: Historical cost 5: Historical cost method 6: Net realizable value method

1) Match the following terms with the definitions below. (Points: 60) Potential Matches: 1. Current market value 2. Current market value method 3: Discounted cash flow method 4: Historical cost 5: Historical cost method 6: Net realizable value method Answers: : Basis of valuation from a historical event and can be verified if records exist. : Values are sometimes difficult to obtain or verify. : Method of valuation in which the value shown on the balance sheet is the book value. : Method of valuation based on an exchange in which neither the buyer nor seller are forced to engage in the transaction. : Method of valuation that is particularly relevant for raised crops and livestock. : Method of valuation used for certain types of lease arrangements