Question: Match the terms with their descriptions. future profits net realizable value replacement cost price-level adjusted historical cost mark-to-market historical cost 1 . measures an assets

Match the terms with their descriptions.

future profits

net realizable value

replacement cost

price-level adjusted historical cost

mark-to-market

historical cost

1.

measures an assets value at how much an organization paid to acquire an asset.
2.

measures an assets value based on market values.
3.

measures an assets value at how much it could be sold for, including net of any sales costs.
4.

measures an assets value at how much it would cost to replace.
5.

measures an assets value based on the expected amount of income (less applicable expenses) an asset would generate.
6.

measures an assets value based on how much it cost adjusted for changes in inflation.

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