There is a growing tendency for many non-current assets to be valued on the basis of market values. The item which is most likely to be valued at market value is:
A)the assets of a life insurer.
B)goodwill.
C)motor vehicles.
D)accounts receivable.

Question

Quizplus · Accepted Answer

The assets of a life insurer are most likely to be valued at market value because these assets, often consisting of investments, need to reflect current market conditions to ensure the insurer can meet its long-term obligations.

There Is a Growing Tendency for Many Non-Current Assets to Be