What other evidence could an auditor seek to justify the valuation of an asset where there is

Question:

What other evidence could an auditor seek to justify the valuation of an asset where there is no active trading market? Comment on whether Arthur Andersen’s guidelines for the appreciation of national resource properties were appropriate under the circumstances. Why or why not?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: