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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.
 
 
 

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