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What else can I help you with?
What stable monetary unit concept?
this concepts states that value of the money remain unchanged .we ignore the effects ofi nflation and deflation
What Basic 8 concepts of financial accounting?
There are eight accounting concepts: Business entity concept, cost concept, going concern concept, matching concept, objectivity concept, unit of measure concept, adequate disclosure concept, and accounting period concept
What is the Concept of Status?
what are the concept of status
Concept of social responsibility accounting?
concept of responsibility accounting
What concept is used in allowance for doubtful debts?
Prudence concept
Is the us dollar stable?
Not even close to stable. We are currently printing money with nothing to back it up. This will cause serious inflation and devaluing of the dollar. Hardly stable
Is the Euro a stable currency?
More stable than the US dollar.
How stable has the euro been against the us dollar?
The euro has been very stable against the dollar. Even during the great recession, it never lost significant value.
Who gave the concept of stable population for the first time?
A J Lotka
Dollar paid in the future is less valuable than a dollar paid today?
Yep. that's the whole concept of interest.
When can GDP increase at a faster rate than real GDP?
the value of the dollar is stable
Is the currency of Malaysia stable in all categories?
The Malaysian dollar was first floated on the open market in 1973. Since the mid 1990s, it has been remarkably stable.
Example of stable monetary unit concept?
allows accountants to ignore the effect of inflation in the accounting records.
Advantages and disadvantages of marketing concept?
Disadvantages is that you earn a dollar every month. xD~ </3 :] Disadvantages is that you earn a dollar every month. xD~ </3 :]
Who can be credited with saying a dollar today is worth more than a dollar tomorrow?
The concept that a dollar today is worth more than a dollar tomorrow is rooted in the principle of time value of money. While the origin of the specific phrase is not definitively attributed to one individual, it is a fundamental concept in finance and economics often associated with the work of economists and scholars like Irving Fisher and John Maynard Keynes.
Why is stable monetary unit concept used in accounting?
The stable monetary unit concept in accounting assumes that the value of the currency remains constant over time, allowing for consistent financial reporting and comparison across periods. This concept simplifies the recording of transactions by ignoring inflation or deflation effects, enabling businesses to present their financial statements in a clear and understandable manner. By using a stable monetary unit, accountants can provide a reliable basis for assessing financial performance and position.
How much is 1.00 US dollar valued to a Brazilian Dollar?
Brazilian's currency is Real and the value isn't very stable because of the crise so the value of the money is very different although the US dollar is worth about double than Real
