Accounting was developed in the 20 th century. True False Question 8 ( 2 points) A company's financial position has only one aspect. True False Question 9 ( 2 points) There is only one type of assets. True False Question 10 ( 2 points) An assets is anything that valuable. True False Question 11 ( 2 points) The measurement of an asset's value is objective. True False Question 12 ( 2 points) If an asset can't be measured reliably, it isn't shown in the accounts of the company. True False