Finance: Present Value, Realisable Value, and Current Cost

The acquisition price of the asset

The current cost of the asset

The historical cost of the asset

The amount of cash or cash equivalents currently realisable on sale of the asset (correct)

The total revenue generated by the business over a particular time period

The projected value of the business in the future

The amount one has to receive from the business today to invest in other ventures

The amount one has to invest in the business today to have a certain sum after a particular time (correct)

Historical cost of the liability

Undiscounted amount of cash or cash equivalents expected to be paid on settlement of liability in the normal course of business (correct)

Amount of cash or cash equivalents that would be required to settle the obligation

Acquisition price of the liability

<p>Given information in financials should be relevant to the decision-making needs of the users</p> Signup and view all the answers

<p>The original cost of an asset at the time it was acquired</p> Signup and view all the answers

<p>Relates to information that influences the economic decisions of users</p> Signup and view all the answers