+3 votes
in Class 12 by kratos

Revaluation of assets at the time of reconstitution is necessary because their present value may be different from their:

(A) Market Value.

(B) Net Value.

(C) Cost of Asset

(D) Book Value.

1 Answer

+4 votes
by kratos
 
Best answer

Correct answer is: (A) Market Value.

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