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Example of stable monetary unit concept?

Updated: 11/6/2022

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∙ 14y ago

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allows Accountants to ignore the effect of inflation in the accounting records.

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Related questions

What stable monetary unit concept?

this concepts states that value of the money remain unchanged .we ignore the effects ofi nflation and deflation

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A standard monetary unit of measurement of the value of goods and services. Example: money

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FJD is the monetary unit for Fiji.

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Monetary unit: Colombian Peso

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The English monetary unit is the pound sterling (£).

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The Philippine monetary unit is spelled as "peso."

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Chinese monetary unit - the monetary unit in the People's Republic of China monetary unit - a unit of money kwai, yuan - the basic unit of money in China jiao - 10 jiao equal 1 yuan in China fen - 100 fen equal 1 yuan in China

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