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Question 4 Fair Value Accounting (10 marks) Fair value accounting allows for three approaches to valuation the cost approach, the market approach and the income
Question 4 Fair Value Accounting (10 marks)
Fair value accounting allows for three approaches to valuation the cost approach, the market approach and the income approach.
Applying the three approaches to value a hotel, discuss the shortcomings of each approach. (10 marks)
Total 10 marks
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