Using IFRS, book value typically ________ market value.
A)is closer to
B)is lower than
C)is higher than
D)bears no relationship to

Name: Using IFRS, book value typically ________ market value. A)is closer to B)is lower than C)is higher than D)bears no relationship to
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Under IFRS, assets and liabilities can be revalued to reflect fair value, which often makes the book value closer to market value compared to other accounting standards that may not permit such revaluations.

Using IFRS, Book Value Typically ________ Market Value