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SC-400 real exams

Exam Code: SC-400

Exam Name: Microsoft Information Protection Administrator

Version: V12.55

Q & A: 77 Questions and Answers

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NEW QUESTION: 1
The Wallaby Health Plan purchased an asset two years ago for $50,000. At the time of purchase, the asset had an appraised value of $52,000. The asset carries a value on Wallaby's general ledger of $47,000, and its current market value is $80,000. According to the cost concept, Wallaby would report on its financial statements a value for this asset equal to:
A. $50,000
B. $80,000
C. $52,000
D. $47,000
Answer: A

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