The cost of an asset and its fair market value are __________. - 2727

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Request Description

The cost of an asset and its fair market value are __________.

A.  the same when the asset is sold

B.  irrelevant when the asset is used by the business in its operations

C.  never the same

D.  the same on the date of acquisition

Solution Description

The cost of an asset and its fair market value are __________.