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ololo11 [35]
3 years ago
6

________________indicates that fair value changes subsequent to purchase are not recorded in the accounts. (Do not use revenue r

ecognition principle.) (select an option)
a. Economic entity assumption
b. Going concern assumption
c. Measurement (historical cost principle)
d. None of the above
Business
1 answer:
pav-90 [236]3 years ago
3 0

Answer:

C. Measurement (historical cost principle)

Explanation:

Measurement indicates that fair value changes subsequent to purchase are not recorded in the accounts

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The answer & explanation for this question is given in the attachment below.

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Ben's Bagels charges $10 per dozen bagels and he sells 30 dozen bagels each day. Ben's costs of production total $150 each day.
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For organizations to be successful, they must have competent communicators.<br> True or false
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True

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8 0
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