What is the primary accounting treatment for non-current assets classified as held for sale?

A) Measurement at historical cost B) Measurement at fair value less costs to sell C) Measurement at market value D) Measurement at net realizable value

Choose the correct option and provide a brief explanation of why that option is the correct accounting treatment, along with a brief explanation of why the other options are incorrect.

Answer rating: 100% (QA)

The correct option is B Measurement at fair value less costs to sell Noncurrent assets classified as ... View the full answer