Examveda
Examveda

The portion of the acquisition cost of an asset yet to be allocated is known as

A. Written down value

B. Accumulated value

C. Realizable value

D. Salvage value

Answer: Option A

Solution(By Examveda Team)

The portion of the acquisition cost of an asset yet to be allocated is known as Written down value. Written-down value is the value of an asset after accounting for depreciation or amortization.

This Question Belongs to Commerce >> Accounting

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