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The most objective reliable and preferred method of determining the fair value of an account is a. using estimates and detailed computations developed by other
The most objective reliable and preferred method of determining the fair value of an account is a. using estimates and detailed computations developed by other companies in the same as industry b. relying on internal auditor estimates c. using market based values when these are available d. basing them on reasonable management assumptions
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th edition
470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144
