The Question 'Should Assets Be Measured at Historical Cost or Current

Multiple Choice

The question 'Should assets be measured at historical cost or current cost?' is considered to be part of which step in designing an accounting-based performance measure?

A) Choose performance measures that align with top management's financial goals.
B) Choose the time period of each performance measure.
C) Choose a definition for each performance measure.
D) Choose a measurement alternative for each performance measure.