Questions: Which of the following is not a common asset measurement method? Net realizable value Liquidation value Historical cost Amortized cost

The answer is A: Net realizable value.

Explanation for each option:

1. Net realizable value: This is a method used to measure the value of an asset, particularly in accounting for inventory. It represents the estimated selling price of an asset in the ordinary course of business, minus any costs to complete and sell the asset. Therefore, it is indeed a common asset measurement method.

2. Liquidation value: This refers to the estimated amount that an asset would bring if it were sold in a forced or liquidation sale. It is used in scenarios where a company is being liquidated. Thus, it is a recognized method of asset measurement, especially in specific contexts like bankruptcy.

3. Historical cost: This is a widely used method of asset measurement, where assets are recorded based on their original purchase cost. It is a fundamental principle in accounting and is commonly used for financial reporting.

4. Amortized cost: This method is used primarily for financial assets and liabilities, where the asset is initially recognized at its historical cost and then adjusted for amortization over time. It is a common method used in accounting for certain types of financial instruments.

Given the options, all listed methods are common asset measurement methods, so the question might be misleading. However, if we consider the context of typical accounting practices, all these methods are indeed used, but "Net realizable value" might be less commonly referred to as a standalone method compared to the others, which are more directly associated with specific accounting standards and practices.