Accountancy, asked by nayakatishay6675, 1 year ago

What is the monetary unit assumption?

Answers

Answered by Anonymous
0
HEY

THE MONETARY UNIT ASSUMPTION IS THAT IN THE LONG RUN , THE DOLLAR ARE STABLE.

IT DOES NOT LESS HIS PURCHASING POWER.

THE ASSUMPTION ALLOW TO ACCOUTANTS..

HOWEVER THE ASSUMPTION IS THAT THE PURCHASING POWER OF DOLLAR IS NOT CHANGED.

HOPE IT HELPS YOU....
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