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    Exam 2: A Further Look at Financial Statements
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    The Measurement Principle That Says Assets Are Reported at the Price
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The Measurement Principle That Says Assets Are Reported at the Price

Question 89

Question 89

Multiple Choice

The measurement principle that says assets are reported at the price that would be received if the item were sold is called


A) fairvalue.
B) historical cost.
C) materiality.
D) going concern.

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