Accountancy, asked by manasgami, 9 months ago

According to money measurement principal, which of the following will not be recorded in the books of accounts?

Answers

Answered by GarvSethiIXA
1

Using this principle, a fact or a happening or event which cannot be expressed in terms of money is not recorded in the accounting books. Thus, it is not acceptable to record such non-quantifiable items as employee skill levels or the quality of great customer service.

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