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I'm stuck in the question solve this question quickly Exercise 12: Accounting principles (part 1) At the end of the financial year, the assets and

I'm stuck in the question solve this question quickly

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Exercise 12: Accounting principles (part 1) At the end of the financial year, the assets and liabilibes of a company are measured Determine which of the following statements are true or late taking to account the accounting principles! Inventories are to be measured at the lower value in the case of long-term impairment. o True O False Long term bank loans shall be measured at the lower of cost even in the case of temporary impairment. True O False Office equipment is only recognised at the lower value in the case of temporary impairment. 0 True o Fatse The value of short-term trade payables is generally not changed O True Fatse

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