(A) cost (X)
(B) Market price (X)
(C) Cost or market price whichever is lower ()
(D) Cost less depreciation (X)
Answers: Floating assets are valued at Cost or market price whichever is lower.
(A) cost (X)
(B) Market price (X)
(C) Cost or market price whichever is lower ()
(D) Cost less depreciation (X)
Answers: Floating assets are valued at Cost or market price whichever is lower.
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