_____ is the determination of the amount of assets held by the firm for sale or production.
A) Inventory valuation
B) Capital budgeting
C) Factoring
D) Depreciation

Question

Quizplus · Accepted Answer

Inventory valuation is the determination of the amount of assets held by a firm for sale or production. It involves assigning a value to the goods or materials that a company has on hand, taking into account factors such as their cost, market value, and obsolescence. Capital budgeting is the process of deciding how to invest the firm's resources in long-term assets. Factoring is a financial transaction where a company sells its account receivables to a third party at a discount. Depreciation is the accounting process of allocating the cost of a tangible asset over its useful life.

_____ Is the Determination of the Amount of Assets Held