Question

what is money measurement don't spam

Answer 1

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MONEY MEASUREMENT_____✔

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.

Answer 2

Answer:

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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.

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