Question
Ques24: Which of the following statements is/are FALSE about market value accounting? Select one: a.Market value accounting is likely to increase the variability of earnings
Ques24: Which of the following statements is/are FALSE about market value accounting?
Select one:
a.Market value accounting is likely to increase the variability of earnings of an FI.
b.The implementation of true market value accounting for FIs may have adverse effects on small business finance and economic growth because of the hesitancy of FIs to invest in long-term assets.
c.Market value accounting often is said to be difficult to implement because of the amount of assets that are not actively traded.
d.Market value accounting often is criticised because the error in market valuation of nontraded assets likely will be greater than the error using the original book valuation.
e.None of the options.
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