UNDER WHICH ACCOUNTING PRINCIPLE, QUALITY OF MANPOWER IS NOT RECORDED IN THE BOOKS OF ACCOUNT?
(1 Point)
CONSERVATISM PRINCIPLE
MONEY MEASUREMENT PRINCIPLE
BOTH 1 & 2
NONE OF THE ABOVE
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Explanation:
The accounting principle where the quality of manpower is not recorded in the accounts book is Money Measurement Principle. This concept underlines the fact that in economics and accounting generally, every recorded transaction or event is measured with regards to money.Feb
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