Question

explain the meaning of money measurement concept​

Answer 1

Answer:

The money measurement concept (also called monetary measurement concept) underlines the fact that in accounting and economics generally, every recorded event or transaction is measured in terms of money, the local currency monetary unit of measure.

Answer 2

Explanation:

The Money Measurement Concept also called monetary measurement concept underlines the fact in accounting and economics generally, every recorded event or transaction is measured in terms of money, the local currency monetary unit of measure.