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What is historical value?

 

• Prices adjusted for inflation

 

• The current sale value of an asset

 

• The original cost or price paid for an asset

 

• The average value of an asset

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Question ajoutée par Shazia Anees , Assistant Manager Finance , Arham Trading Company
Date de publication: 2015/05/25
Shahbaz Hayder
par Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

The original cost or price paid for an asset.

Abdul Majid Khatri
par Abdul Majid Khatri , A Qualified Chartered Accountant , Honeycomb Logistics Pvt. Ltd.

The Original Cost or Price Paid for an Asset.....................!!!!

Lynne Alexander
par Lynne Alexander , Financial Controller , Arlo Insurance Brokers LLC

The original cost price paid at the point of acquisition

Asad Ahmed
par Asad Ahmed , Manager Finance & Company Secretary , Connect Communications Pvt. Ltd.

Historical Value is the original cost or price for an asset

Wilfredo Cruz
par Wilfredo Cruz , Senior Auditor , General Authority of Civil Aviation

original amount used to acquire an assets or services measured or calculated based on the inception of the contract.

Ahmed Abdi Mahad
par Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

Historical costs/value is the original costs or price paid for an asset. Thus, Choice C, the original costs or price paid for an asset is the right answer

Muhammad Ramzan Tufail  ACCA
par Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

The Original Cost or Price paid for an asset when acquired,

 

Thank you....

Muhammad Ansar
par Muhammad Ansar , Manager Audit , Hilton Enterprises

Original Cost less depreciation

 

Nasir Javed Awan
par Nasir Javed Awan , manager accounts , Sound of Stage Events

Historical value is the cost at which Asset was incorporated in books of accounts

Kolade Fajuyigbe
par Kolade Fajuyigbe , ALPHA BETA CONSULTING

Historical value is the original cost of acquisition.

Mohamed Abdelrahman
par Mohamed Abdelrahman , Senior Accountant , Msafat Company

correct answer :

The original cost or price paid for an asset

...............................

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