afifakiran1638 afifakiran1638
  • 17-10-2017
  • Business
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The principle that is used to measure the amount assets are to be recorded at when exchanged is called the ______ principle.

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LearnGrow
LearnGrow LearnGrow
  • 25-10-2017
The principle that is used to measure the amount assets are to be recorded at when exchanged is called the cost principle. The cost principle is an accounting principle that requires the financial statement information to be based on actual costs and assets and services to be recorded.
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Kalahira
Kalahira Kalahira
  • 26-10-2017
Cost principle. Even if values rise after the exchange, the cost at the time of the exchange is still used.
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