1 of 28 Markus Information provided by accounting is important because it enables investors to O a compare income and assets of companies. O b. assess the relative risks and returns of investment opportunities Occhannel their resources more effectively Od all of the above. Unsure 2 of 28 Marks What is "fair value"? O a. The present value of the future cash flows expected to be derived from an asset. O b. The amount obtainable from the sale of an asset in an arm's-length transaction less the costs of disposal Oc. The amount obtainable from the sale of an asset in an arm's-length transaction between knowledgeable, willing parties. Od. The higher of an asset's fair value less costs to sell and its value in use. Unsure