Question: If a fixed asset's net book value is less that its market value, the asset is considered to be: Select one: a. An impaired asset

If a fixed asset's net book value is less that its

If a fixed asset's net book value is less that its market value, the asset is considered to be: Select one: a. An impaired asset and needs to be written down. b. An impaired asset and needs to be written off. c. A valuable asset and needs to be written down. d. A valuable asset and needs to be written up. e. None of the above

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