Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Explore our Q&A platform to find reliable answers from a wide range of experts in different fields. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

The stable dollar assumption is that fluctuations in the value of the dollar are significant and may not be ignored.
a) true
b) false

Sagot :

Martebi

Answer:

Option b: False

Explanation:

Stable dollar assumption is also called monetary unit assumption.

The monetary unit assumption needs include in the accounting records only transaction data that can be used in terms of money.

This standard requires that only those things that can be expressed in money are included in the accounting records. So, some information for decision makers such as the word customer satisfaction, measurements are NOT reported in the financial statement.

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.