Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Stable Money Measurement
A business entity enters within numerous transactions in which affect the business in varied ways. Therefore recording, classification and summarization of these heterogeneous business transactions are measured and expressed in terms of general unit of measurement. For accounting reasons we suppose that money serves as a common denomination for expressing business transactions. The implication of this concept is in which those transactions and events that might affect the business but are not measurable in money terms are not recorded in the books of account.
The second aspect of this concept is in which the money gives a standard of exchangeability and implicit assumption is in which the changes in purchasing power of the monetary unit are not of enough importance as to need adjustments. The application of the second aspect is in which all the assets in the balance sheet are recorded at their historical cost not at the current price. The changes in the purchasing power of monetary units are because of the inflation, but for accounting purpose it are ignored; therefore the concept is called as Stable Money Measurement Concept.
What is the Tolerable error In addition to looking at material differences individually the auditor must list all the differences (material or not) and consider in total wheth
Shareholders versus Managers A Limited Liability company is possessed by the shareholders though in most of the cases is managed by a board of directors selected by the shareho
Floaters that can be classified under this head are: 1. Stepped Spread Floaters 2. Extendible Reset Bonds
The syringe management program tries to educate society by increasing the capacity and quantity of the syringe disposable centers , providing timely responses to all syringe compla
Discuss the different ways political events in a host country may affect local operations of an MNC. Answer: The answer can be organized based on the three types of political ri
Market price is used for determining the duration of a mortgage-backed security in the coupon curve duration. This approach to calculate the duration of mortgage-bac
Question: (a) An efficient financial market is assumed to hold under the Capital Asset Pricing Model (CAPM). What is the main hypothesis of an efficient financial market? (
Q. What do you mean by Economic risk? Transaction risk is appears as the short-term manifestation of economic risk which could be defined as the risk of the present value of a
how can covered bond affect other secutites price
Compare and contrast the potential liability of owners of proprietorships, partnerships (general partners), and corporations. The sole proprietor has infinite liability for mat
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd