A rational valuation of an asset is based on:
A)What the asset is currently worth on the market.
B)The time that had passed since purchasing the asset,including depreciation.
C)What the asset cost at the time it was purchased.
D)The transaction utility of the purchase.

Question

Quizplus · Accepted Answer

Rational valuation of an asset is based on its current market worth, reflecting its present value rather than its historical cost, depreciation, or the utility derived from its purchase.

A Rational Valuation of an Asset Is Based On