Whats a good response to the information below about Fair vaule option?

Let's start off by explaining what fair value option does. The fair value option label assets and liabilities among it. So for instance the buyer and the seller come to an agreement for a price. Things such as utilities and supply and demand come into factor when deciding the fair value. We must never though forget to list it on the company's book. Meanwhile when it comes to historical cost, it is recorded on the balance sheet at the original cost and follow the GAAP. The fair value option can be more useful for the purchase diverge cost over time. Although historical cost could be good at the moment , if you want a marketable investment, the fair value cost could be the way to go, as it could be replacing it for some assets.

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