※ 밑줄 친 부분에 들어갈 말로 가장 적절한 것은? (19~20)A c… | [9급 서울시 영어] 22년 1회차 기출문제 상세 페이지

※ 밑줄 친 부분에 들어갈 말로 가장 적절한 것은? (19~20)
A company may be allowed to revalue non-current assets. Where the fair value of non-current assets increases this may be reflected in an adjustment to the value of the assets shown in the statement of financial position. As far as possible, this should reflect the fair value of assets and liabilities. However, the increase in value of a non-current asset does not necessarily represent 　　　　　 for the company. A profit is made or realized only when the asset is sold and the resulting profit is taken through the income statement. Until this event occurs prudence — supported by common sense — requires that the increase in asset value is retained in the balance sheet. Shareholders have the right to any profit on the sale of company assets, so the shareholders’ stake (equity) is increased by the same amount as the increase in asset valuation. A revaluation reserve is created and the balance sheet still balances.

the fair value

an actual cost

an immediate profit

the value of a transaction