The replacement cost of an asset is the cost that entity (broadly, the user) has to incur in order to...

It stands for depreciated replacement cost; the depreciated replacement cost of an asset is the current replacement cost of the...

The depreciated replacement cost of an asset is the current replacement cost of the asset, less accumulated depreciation (computed on...

A market that is used, in absence of a principal market, to obtain pricing information about the sale of an...

The market that maximizes the amount that would be received from sale of an asset or minimizes the amount that...

The market that has, in comparison with other markets, the greatest volume and highest activity level for the trading of...

It stands for fair market value; the price that agreed by a buyer and a seller for a specific asset...

The price that agreed by a buyer and a seller for a specific asset or liability, in the open market...

The fair value of an asset is the price that would be received to sell an asset in an orderly...

The fair value of a liability is the price that would be paid to transfer a liability in an orderly...