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Write 4 arguments in favor that historical cost is more relevant than current values, and present 4 arguments that current value is more relevant than

 Write 4 arguments in favor that historical cost is more relevant than current values, and present 4 arguments that current value is more relevant than historical cost. At the very end, conclude whether you think historical cost or current value cost is more relevant and why? 

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Arguments in Favor of Historical Cost Objectivity Historical cost is based on actual transactions and historical data at the time of acquisition It provides a verifiable and objective measure of value ... blur-text-image

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