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The unit of measure concept 1.is not important when applying the cost concept 2.requires that different units be used for assets and liabilities 3.requires that

The unit of measure concept

1.is not important when applying the cost concept

2.requires that different units be used for assets and liabilities

3.requires that economic data be reported in yen in Japan or dollars in the United States

4.is only used in the financial statements of manufacturing companies

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