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    Accounting Understanding and Practice
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    Exam 3: The Development of Financial Reporting
  5. Question
    Which Accounting Concept Is Associated with Recording Items at Original
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Which Accounting Concept Is Associated with Recording Items at Original

Question 19

Question 19

Multiple Choice

Which accounting concept is associated with recording items at original cost?


A) Current cost
B) Historic cost
C) Current market value
D) Relevant cost

Correct Answer:

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