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the followings information's related to the consumer basket: Commodity Quantity Price 2019 Price 2018 A 1000 unit $70 $65 B 1500 80 78 C 2500

the followings information's related to the consumer basket:

Commodity Quantity Price 2019 Price 2018

A 1000 unit $70 $65

B 1500 80 78

C 2500 102 95

The CPI of 2019 is:

a. 94.5

b. 94.7

c. 105.8

d. 106.07

The codification of accounting commenced in.........

a. in 1494

b. Early 1920s

c. in Mid 1970s

d. mid 1960s

which of the followings is one of the recognition criteria of Income?

a. results by either increase in liabilities or decrease in assets

b. increase in economic benefit

c. expected increase in economic benefit

d. as a result of past event

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