Accounting makes a record of qualitative aspects of business
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The Qualitative aspect of business transactions are not recorded because of the money measurement concept. The concept of money measurement states that an accounting transaction should only be recorded if it can be expressed in terms of cash.
Answered by
3
Answer:The Qualitative aspect of business transactions are not recorded because of the money measurement concept. The concept of money measurement states that an accounting transaction should only be recorded if it can be expressed in terms of cash
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