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GAAP has developed several ways of measuring such reported assets, including net realizable value (NRV), lower of cost o

Posted: Mon May 30, 2022 7:27 am
by answerhappygod
GAAP has developed several ways of measuring such reported
assets, including net realizable value (NRV), lower of cost or
market (LCM), and depreciated and amortized cost (which are
similar).