Accountants in other countries sometimes write up the recorded amounts of long-term assets when their values increase.

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Accountants in other countries sometimes write up the recorded amounts of long-term assets when their values increase. Why are U.S. accountants reluctant to increase the recorded value of property, plant, and equipment when their value increases?

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Financial Accounting

ISBN: 9780324066708

8th Edition

Authors: W. Steven Albrecht, James D. Stice, Earl Kay Stice, K. Fred Skousen, Albrecht S.E.

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