The concept of money measurement means: (a) accounts cost a material amount of money to prepare (b)

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The concept of money measurement means:

(a) accounts cost a material amount of money to prepare

(b) only items that can be objectively measured in money terms are accounted for

(c) accounts are only ever prepared in one currency

(d) items in accounts are recorded at the amount of money they originally cost

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Financial Accounting

ISBN: 9780273658597

3rd Edition

Authors: Anne Britton, Christopher Waterston

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