While US GAAP requires assets to be valued at the lower of cost
or market, there is a belief that assets with value fluctuations should
be valued at market and adjusted on a regular basis. Create an argument
supporting the use of market value for investment valuation. Provide
support for your argument.
Assess the potential abuses of
companies using a market value approach to investment valuation and how
it may impact decisions made by the public relying on the information.
Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.