Carrying amount (or net book value) is always the same as fair value.

Name: Carrying amount (or net book value) is always the same as fair value.
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Question

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Carrying amount (or net book value) is the value of an asset or liability as recorded in the company's accounting records, which may not always be the same as fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Carrying Amount (Or Net Book Value) Is Always the Same