2015 June MCQs 12Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › 2015 June MCQs 12This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts February 22, 2016 at 4:43 pm #301570 yushanshanMemberTopics: 84Replies: 70☆☆Hi sir, I just wonder the reason why ” The use of fair value to record a subsidiary ‘s acquired assets does not comply with the historical cost principle ” is not true. February 22, 2016 at 6:58 pm #301582 MikeLittleKeymasterTopics: 27Replies: 23135☆☆☆☆☆Because we’re using fair values and not historic cost less accumulated depreciationAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In