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The existence of subjectivity in an asset valuation does not necessarily mean the valuation will not be reliable. All of the following are examples of this except: Select one A. where historical cost is used for accounts receivable, fixed assets, and other assets with values that remain relatively stable. B. where market value is used for marketable equity securities, commodities, and financial assets are traded in liquid markets. C. where historical cost is used for LIFO inventory layers where inventory has seen an inflationary increase in costs. D. where historical cost is used for internally generated intangible asset valuations. Question 9 All of the following are considered by analysts when assessing the quality of accounting except: Select one A. Price variation and the speed at which inventory turns over B. Any liquidation of FIFO inventory layers C. Any physical deterioration or obsolescence of inventory D. The inventory cost-flow assumption chosen by management