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Under utility regulatory accounting principles ( RAP ) , the account Utility Plant Acquisition Adjustment reflects: Multiple Choice The difference between the fair market value

Under utility regulatory accounting principles (RAP), the account "Utility Plant Acquisition Adjustment" reflects: Multiple Choice The difference between the fair market value of the utility plant and the amount paid for it, less accumulated depreciation. The difference between the amount paid for the utility plant less the fair market value of its tangible plant assets. The difference between the amount paid for the utility plant less its current replacement cost. The difference

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