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What in canada capital assets are normally valued at

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Reference no: EM132539868

Question 1: In Canada capital assets are normally valued at

A. amortized cost.

B. market value.

C. net realizable value.

D. replacement cost.

Question 2: Tangible capital assets

(i)are non-current assets that are associated with certain rights or privileges of the company.

(ii)are recorded at net realizable value.

(iii)have some physical form.

A. i is correct.

B. iii is correct.

C. i & ii are correct.

D. ii & iii are correct.

Reference no: EM132539868

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