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Why use the current value of assets as opposed to the historical cost net book...

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Accounting

Why use the current value of assets as opposed to the historical cost net book value?

A. It is an easier calculation for companies. Historical cost net book value is always inaccurate.

B. The historical cost net book value will generally understate the return on investment.

C. All companies report current value and not historical cost.

D. Current value helps reduce the unfairness when comparing business units with different aged assets.

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