When it is considered imninent that a company is no longer a going concern and the company needs to liquidate its assets, under the Liquidation Basis...

When it is considered imninent that a company is no longer a going concern and the company needs to liquidate its assets, under the Liquidation Basis of Accounting, the assets should be valued at

A) original cost

B) Net realizable value (NRV)

C) amount expected to be generated upon liquidation.

D) Fair market value at date liquidation is considered imminent