[Solved] The written down value or going concern value of an asset is……….

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Q.	The written down value or going concern value of an asset is……….
A.	the estimated amount that the assets would fetch, if sold or disposed off.
B.	the amount that is estimated to replace the asset
C.	the amount that an asset costs, when purchased or acquired, less the provisions made for depreciation since its acquisition
D.	all of the above
Answer» C. the amount that an asset costs, when purchased or acquired, less the provisions made for depreciation since its acquisition

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