a. Increase the balance in the related asset account.
b. Are measured at fair value in the balance sheet.
c. Are liabilities associated with the restoration of a long-term asset.
d. All of these answer choices are correct.
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Home » Business » Asset retirement obligations: a. Increase the balance in the related asset account. b. Are measured at fair value in the balance sheet. c. Are liabilities associated with the restoration of a long-term asset. d.