There could be many different asset values that are acceptable to an auditor.

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Auditors use various methods to determine the appropriate value of assets, and different acceptable asset values may exist depending on the circumstances. For example, a real estate property could be valued based on its purchase price, its market value, its appraised value, or its replacement cost, among other approaches. As long as the auditor can justify their reasoning and assumptions, multiple asset values may be acceptable for financial reporting purposes.

There Could Be Many Different Asset Values That Are Acceptable