Accountants suggest that assets should always be valued at their market value. T or F. Solution Accountants suggest that assets should always be valued at their market value. F Accountants suggest that assets should always be valued at their market value is a false statement . Accountants have to grapple with the problem of revaluing the Assets at their market values while for other Assets for which market values are not available it requires special valuation skills from the accountant\'s side therefore it becomes a cumbersome exercise for the accountant to revalue the assets at the fair rice and quite difficult. Accountants should choose the conservatism principle in which they report the asset at the lower value of the book value and the fair market value. The principle is to report the Asset at lower of the cost or market value(LCM) therefore it’s not always necessary that the accountants report the assets at their market value they can also report the asset at their book value also depending on whether the book value or the market value for the Asset is lower. Therefore Accountants need not require that assets should always be valued at their market value. The statement is False. .