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    Exam 1: Introduction to Financial Reporting
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    The Accounting Principle That Assumes That Inflation Will Not Take
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The Accounting Principle That Assumes That Inflation Will Not Take

Question 92

Question 92

Multiple Choice

The accounting principle that assumes that inflation will not take place or will be immaterial is:


A) monetary unit.
B) historical cost.
C) realization.
D) going concern.
E) None of the answers are correct.

Correct Answer:

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