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  3. 3. the hc method, which uses unadjusted historical

3. The HC method, which uses unadjusted historical costs, does not consider depreciation expenses, purchasing...

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Accounting

3. The HC method, which uses unadjusted historical costs, does not consider depreciation expenses, purchasing power, and unrealized gains in replacement value. Despite these weaknesses as a financial reporting method, the HC method is used more frequently for accounting purposes than other methods, such as the HC-GPL, CV, and CV-GPL methods. Why is this so?

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