Which of the Following Is Not a Feature of Current

Multiple Choice

Which of the following is not a feature of current cost accounting?

A) It uses current values which could be based on present value, entry value (replacement) costs or exit value (selling) prices.
B) It seeks to maintain the operating capability of capital.
C) It uses specific prices of assets rather than general price-level adjustments.
D) It seeks to maintain the purchasing power of capital.