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Homework answers / question archive / The cost model attempts to reflect the amount that would be required to a) replace the asset's service capacity
The cost model attempts to reflect the amount that would be required to
a) replace the asset's service capacity.
b) value older financial assets where there is no longer a market for the asset.
c) value the asset.
d) value older non-financial assets where there is a market for the asset.
The cost model attempts to reflect the amount that would be required to replace the asset's service capacity. The correct option is A "replace the asset's service capacity".
