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    Fundamentals of Corporate Finance Study Set 16
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    Exam 3: Financial Statements, Cash Flows and Tax
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    The Cost Principle Assumes That Both Parties to a Transaction
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The Cost Principle Assumes That Both Parties to a Transaction

Question 45

Question 45

True/False

The cost principle assumes that both parties to a transaction are economically rational and are free to act independently of each other.

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