# The book value of an asset is equal to the

Posted By Admin @ September 03, 2022

#### Question:

The book value of an asset is equal to the A. asset's fair value less its historical cost. B. blue book value relied on by secondary markets. C. replacement cost of the asset. D. asset's cost less accumulated depreciation.

The book value of an asset is equal to the D. asset's cost less accumulated depreciation.

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