displayValueProcess.js

import("system.translate");
import("system.result");
import("system.vars");
import("Attribute_lib");

var attrType = AttributeTypes.get(AttributeUtil.getAttributeType(vars.get("$field.AB_ATTRIBUTE_ID")));
var viewValue = AttributeTypeUtil.getAttributeViewValue(attrType, vars.get("$field.VALUE"), vars.get("$field.DROPDOWNDEFINITION"));

if (viewValue == null)
{
    viewValue = translate.text("Object not found");
}

result.string(viewValue);