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The cost model attempts to reflect the amount that would be required to Select one: O a. value older financial assets where there is no

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The cost model attempts to reflect the amount that would be required to Select one: O a. value older financial assets where there is no longer a market for the asset. O b. value older non-financial assets where there is a market for the asset. O c. value the asset. O d. replace the asset's service capacity. Under the expected cash flow approach, Select one: O a. the cash flow uncertainty is dealt with by using probabilities. O b. the discount rate is adjusted to accommodate the riskiness of the cash flows. O c. the model is best used where the element being measured does not have variable cash flows. O d. the projected cash flows reflect the certainty in terms of amount and timing

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