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GAAP requires long - lived assets to be presented at historical cost. Is this appropriate? What would be the advantages / disadvantages of reporting long
GAAP requires longlived assets to be presented at historical cost. Is this appropriate? What would be the advantages disadvantages of reporting longlived assets at fair value, and do you recommend this approach? Be sure to address the concepts of relevance versus reliability.
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Accounting And Financial Management For Residential Construction
Authors: Emma Shinn
5th Edition
0867186356, 978-0867186352
