$A\frac{C}{?}$ Accounting $CH1-1\frac{T}{F}$

Accounting $CH1-1$ T$/$F

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Time left $3$:$51$:$14$

Question $8$

The Historical cost principle states that if no cash is involved in a transaction the cash$-$

Notyet equivalent value must be used.

Marked out of

$1\mathrm{.}00$

True

P Flag question

False