ASSET VALUATION Definition

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ASSET VALUATION is the process of determining the current worth of a portfolio, company, investment, or balance sheet item. The term is often used to describe the worth of an asset which may be incorporated into company accounts, where the ownership of the asset is not necessarily to be transferred but the valuation is required for the balance sheet, company takeovers, share flotation or mortgages.

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CPFF is Cost Plus Fixed Fee.

ACCOUNTS RECEIVABLE is a current asset representing money due for services performed or merchandise sold on credit.

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