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Basic Question 0 of 11
What is the cost of a fixed asset less its accumulated depreciation?
B. Net book value
C. Salvage value
A. Net realizable value
B. Net book value
C. Salvage value
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
analyze and interpret financial statement disclosures regarding property, plant, and equipment and intangible assets
CFA® 2025 Level I Curriculum, Volume 2, Module 7.