Question
The cost of an asset and its fair value are
O the same on the date of acquisition.
never the same.
O irrelevant when the asset is used by the business in its operations.
O the same when the asset is sold.
O the same on the date of acquisition.
never the same.
O irrelevant when the asset is used by the business in its operations.
O the same when the asset is sold.
Answers
Answered by
GPT 3.5
never the same.