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Describe accounting treatment for specific types of assets

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Reference no: EM132619986

Question 1: You are to describe accounting treatment for two specific types of assets but from different categories (e.g. patent and cocoa) through your own examples.

Question 2: You are to provide answers for the following questions within your examples for the two specific assets:

i. Who are the market participants for those assets?

ii. Which valuation techniques were most appropriate for those assets? Why?

iii. Which levels of the input to valuation techniques do you think, most likely to be utilized for measuring those assets fair value? Provide proof to this argument by attaching resources that were used as reference.

Reference no: EM132619986

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