The term for the estimated amount that must be spent to replace an asset is net realizable value.

Name: The term for the estimated amount that must be spent to replace an asset is net realizable value.
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Quizplus · Accepted Answer

The term for the estimated amount that must be spent to replace an asset is actually replacement cost, not net realizable value. Net realizable value refers to the estimated selling price of an asset, less the estimated costs of completion and disposal.

The Term for the Estimated Amount That Must Be Spent