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Author Question: The unit of measurement concept requires that economic data be recorded in dollars. a. True b. ... (Read 55 times)

HCHenry

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on: Jul 6, 2018
The unit of measurement concept requires that economic data be recorded in dollars.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

The cost concept is the basis for entering the purchase price into the accounting records.
 a. True
  b. False
 
   Indicate whether the statement is true or false


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abro1885

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Reply #1 on: Jul 6, 2018
Answer to Question 1

True

Answer to Question 2

True


HCHenry

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Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it

scikid

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  • Posts: 300
Reply 3 on: Yesterday
Wow, this really help

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