Lola P.

asked • 10/07/21

Accounting Question Help

  1. Please explain what the following statement means in detail if you can, thank you.

The actual cost of assets or services is usually more reliable than market value.

NOTE: Consider the conflict between information that is timely (based on estimates) and reliable that may require additional time to ensure accuracy that may render the statements irrelevant.

1 Expert Answer

By:

Jesse S. answered • 10/07/21

Tutor
5.0 (79)

English, Political Science, Writing, Philosophy, and History Tutoring

Lola P.

Thank you so much.
Report

10/07/21

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.