w View Developer Design Layout 2 AaBbCcl AaBbCc AaBbC AaBbCc Normal No Spaci... Heading 1 Heading 2 Title Styles Paragraph Discounted present value D-Future value 3-Exit value approach to current value measures include: A-Replacement cost B-Selling price C-Discounted present value D-Future value 4-The income measurement approach that involves summing up the influences of the individual economic events over a period of time is: A-Economic approach B-The transaction approach C-Real income D-Psychic income 5-The income measurement approach that involves matching revenues against expenses is: A-Economic approach B-The transaction approach C-Real income D-Psychic income 6-Limitations of historical cost accounting enhance the need for: A-Accounting for changing prices B-Intemational accounting C-Accounting for income tax D-The conceptual framework of accounting 7-Group of highly interrelated and integrated theories is: A-Science B-Knowledge C-Philosophy