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  3. the money measurement convention-: select one: a.

The money measurement convention-: Select one: a. requires the value of assets to be recorded...

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Question

Accounting

The money measurement convention-:

Select one:

a.

requires the value of assets to be recorded in the financial records at the measured value of cost

b.

states that each transaction has at least two aspects and they should both be recorded

c.

assumes that money, the unit of measurement, will not change in value over time

d.

does not allow the inclusion of human resources as assets, except in rare circumstances

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