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Which of the following statements concerning the valuation of assets on the balance sheet is correct (A) Since a financial planner has access to all
Which of the following statements concerning the valuation of assets on the balance sheet is correct
(A) Since a financial planner has access to all of the clients financials, a privately-held small business is easier to value than a publicly traded company
(B) Assets should be valued on the balance sheet replacement cost.
(C) An actuary should be retained to value all personal use assets
(D) Money market accounts are unlikely to lose value over time
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