al 04/2021 LTI] HOSP 215 - A Define the measurement principle. Select one: a. Requirement that accounting records should all be reported in a single currency. b. Assumption that a business will continue to operate into the foreseeable future. c. Accounting for purchases must be at their original cost. d. Transactions should be recorded on the basis of objective evidence where different people looking at the evidence would all arrive at the same conclusion. Next pa Which of the following is true of financial accounting, but not true of managerial accounting? Select one: a. Financial accountants work for not-for-profit organizations only. b. Financial accounting requires no accounting related education. c. Financial accountants focus on serving the decision-making needs of external users of the business. Od. Financial accounting requires an accounting related education. Nex