7- Theoretically: The need for accounting-for-changing-prices information is related to the shortcomings of:

A) Historical cost accounting

B) Market value accounting

C) Inflation accounting

D) None of the above

8- The accounting type which assumes that the purchasing power of the monetary unit is fixed and stable is:

A) Historical cost accounting

B) Market value accounting

C) Inflation accounting

D) None of the above

9- The most reliable accounting method is:

A-Current purchasing power accounting

B- General price level accounting

C- Current cost accounting

D- Historical cost accounting

10- The least relevant accounting method is:

A-Current purchasing power accounting

B- General price level accounting

C- Current cost accounting

D- Historical cost accounting

11- The capital maintenance perspective that considers the changes in the real value of the currency unit is:

A- Financial capital maintenance

B- Purchasing power maintenance

C- Physical capital maintenance

D- None of the above

12- The accounting alternative method that adjusts the historical cost accounting numbers, is called:

A-Current purchasing power accounting

B- General price level accounting

C- Current cost accounting

D- A and B