1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maslowich
4 years ago
6

Which Generally Accepted Accounting Principle states that ""A stable currency is going to be the unit of record""?

Business
1 answer:
WARRIOR [948]4 years ago
6 0

Answer:

The monetary unit principle states that "A stable currency is going to be the unit of record".

Explanation:

  • One of the important generally accepted accounting principles is the Monetary unit principle.
  • This principle states that record those business dealings that can be conveyed in terms of a currency.
  • This means anything that cannot be quantified should not be recorded a businesses transactions. The non-quantifiable items include customer service, motivation, management skills, etc.
  • Over time, money has been used as a stable form of currency in accounting.
You might be interested in
Which of the following statements comparing debit cards to credit cards is TRUE?
djverab [1.8K]
Using a credit card is like borrowing money, while debit cards let you draw directly from your bank account
8 0
3 years ago
Read 2 more answers
Which stage in project management involves team members working on the assigned tasks as described in the project plan?
vagabundo [1.1K]

Answer:

C.  execution

Explanation:

  • The execution stage is 3rd stage in project management lifecycle is usually is longest phase as during which the teams develops the product or services and presents the final end product to the clients. Here the team members work on the same set of guidelines that are assigned or designed in a project.
3 0
3 years ago
Her neighbor could not afford to repair the roof on her house, so tijuana secretly hired and paid for a contractor to repair the
ANTONII [103]

Tijuana's actions are an example of <u> "altruism".</u>


Altruism is carrying on of worry for another's prosperity. Regularly, individuals carry on charitably when they see others in edgy conditions and feel sympathy and a craving to help. Selflessness doesn't generally easily fall into place, since by definition, it expects individuals to slight their very own worries to help other people with no desire for remuneration, however "reciprocal altruism" is a term utilized by evolutionary scholars and analysts to describe the choice to help with a desire that one will get some advantage or result to oneself. Agreeable conduct enabled our predecessors to make due under brutal conditions, despite everything it fills an important need to an exceedingly mind boggling society.

3 0
3 years ago
The budget for a merchandiser differs from a budget for a manufacturer because
Oduvanchick [21]
<span>a merchandise purchases budget replaces the production budget.
the manufacturing budgets are not applicable.</span>
3 0
3 years ago
A driver cuts off another vehicle, or threatens another motorist or a pedestrian. these are examples of:
inysia [295]
When someone is driving a car or even a motorcycle and is cut off by another vehicle, it can cause an accident. Another result could be one or both drivers threatens the other person or even a pedestrian that was involved. These are examples of "road roage."
7 0
4 years ago
Other questions:
  • To make a profit while benefiting humanity" is an example of a mission statement that A. incorporates values. B. is too vague. C
    6·1 answer
  • Authentic Thai rattan chairs are delivered to Gary Schwartz's chain of retail stores, called The Kathmandu Shop, once a year. Th
    14·1 answer
  • Trade increases production partly by taking advantage of
    5·1 answer
  • A bc subteam called the ____ is responsible for establishing the core business functions needed to sustain critical business ope
    5·1 answer
  • Depreciation is the accountant's estimate of the cost of ______ used in the production process matched with the benefits produce
    9·1 answer
  • According to James Bresseau, which of the following is an important difference between corporate social responsibility theory (C
    14·1 answer
  • As the number of urban areas grew in the state in the late nineteenth and early twentieth centuries, the management of local aff
    5·1 answer
  • In a reorder point problem where both demand and lead time are variable, demand averages 200 units per day with a daily variance
    8·1 answer
  • Which is NOT a factor of production?
    6·1 answer
  • The primary focus of financial statement audits is the discovery of fraud. group startstrue or false
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!