What are some of the exceptions to the historical cost concept that generally accepted accounting principles require

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What are some of the exceptions to the historical cost concept that generally accepted accounting principles require or allow?

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Accounting Texts and Cases

ISBN: 978-1259097126

13th edition

Authors: Robert Anthony, David Hawkins, Kenneth Merchant

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Question Posted: Apr 29, 2016 12:26 PM

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What are some of the exceptions to the historical cost concept that generally accepted accounting principles require

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The principal exceptions to the historical cost concept are the lower of cost or ...View the full answer

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