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The highest and best use concept values the asset based on the highest value that the market would place on the asset, considering all
The highest and best use concept values the asset based on the highest value that the market would place on the asset, considering all possible uses that are: Financially feasible. O Physically possible. Economically intolerable. Legally permissible. 2.nts
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Cornerstones of Managerial Accounting
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
6th edition
1305103963, 978-1305548909, 1305548906, 978-1305103962
