单选题

With respect to tangible fixed assets, SFAS 143 requires that the capitalized value of an asset（）。

A、 be recorded on the balance sheet based on the market value at the time of acquisition less the cost associated with any ARO (asset retirement obligation).
B、 should include the future value of any ARO which is also recorded as a liability at the time of acquisition.
C、 should include the present value of any ARO which is also recorded as a liability at the time of acquisition.

【正确答案】 C

【答案解析】

SFAS 143 makes it clear that any future expenditure that is required for environmental remediation be recorded as a liability according to the present value of its expected cost at time of acquisition.