Question

in accounting money is the
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Answer 1

Answer:

Definition. Money Measurement Concept in accounting, also known as Measurability Concept, means that only transactions and events that are capable of being measured in monetary terms are recognised in the financial statements.

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Answer 2

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Answer:

Money Measurement Concept in accounting, also known as Measurability Concept, means that only transactions and events that are capable of being measured in monetary terms are recognized in the financial statements.

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