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Floating assets are valued at

248. Floating assets are valued at

By Admin / October 4, 2025

A. cost

B. Market price

C. Cost or market price whichever is lower

D. Cost less depreciation

✅ The correct answer is option C.

226. Which of the following statements is, generally, correct about the reliability of audit evidence?

257. Audit of banks is an example of –

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