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The historical cost convention dictates that all assets be recorded at: a . Fair Market Value b . Original cost c . Appraised value d
The historical cost convention dictates that all assets be recorded at:
a Fair Market Value
b Original cost
c Appraised value
d Assessed value
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
