Having five methods of valuation just gives the valuer the option of providing his client with the highest and best capital figure.’ With reference to the purpose of the five methods, discuss the validity of this statement.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 3MC: The third step for making a capital investment decision is to establish baseline criteria for...
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Having five methods of valuation just gives the valuer the option of providing his client with the highest and best capital figure.’

With reference to the purpose of the five methods, discuss the validity of this statement. 

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