Using replacement cost,at what time are liabilities carried at the undiscounted amount of cash,or cash equivalents,that would be required to settle the obligation?
A) Before the end of the accounting period
B) In a near future
C) Within 12 months
D) Right now

Question

Quizplus · Accepted Answer

Liabilities are carried at the undiscounted amount of cash or cash equivalents that would be required to settle the obligation right now when using the replacement cost method. This reflects the current amount needed to fulfill the liability without considering future interest or changes in value.

Using Replacement Cost,at What Time Are Liabilities Carried at the Undiscounted