13- Which of the following is monetary asset: A- Cash B- Inventory C- Buildings D- Lands 14- If the company has more monetary assets than monetary liabilities, then, in the periods of inflation, the company will have: A- Gain B- Loss C- No gain, no loss D- A and B 15- The accounting method that differentiates between trading profits and holding gains, is: A-Current purchasing power accounting B- General price level accounting C- Current cost accounting D- Historical cost accounting 16- Limitations of historical cost accounting enhance the need for: A- Accounting for changing prices B- International accounting C- Accounting for income tax D- The conceptual framework of accounting 17- The two primary qualities that make accounting information useful for decision making are A- Comparability and consistency B- Materiality and timeliness. C- Relevance and reliability. D- Reliability and comparability. 18- Advantages of development of conceptual framework include, except: A- Enhancing the consistency of accounting standards B- More compatible accounting standards C- Alleviating political pressure D- Reducing the decision usefulness role of financial reports