The historic cost concept is an extension of the money measurement rule. It requires transactions to be recorded at the "original" cost. The changes in prices or values will be ignored.
The first is a two dimensional concept, the second is 3-dimensional.
The concept of measurement does not have a single founder, as it evolved over time across various civilizations. Ancient cultures, such as the Egyptians and Mesopotamians, developed early systems of measurement for trade, agriculture, and construction. The Greeks, particularly figures like Pythagoras and Euclid, contributed significantly to the formalization of measurement through geometry. Thus, measurement is a collective achievement rather than the work of a single individual.
discuss the advantages and disadvantages of gregor's theory x of operational organisation
For a measurement to be considered valid, it must accurately reflect the concept or phenomenon it is intended to assess. This involves ensuring that the measurement tool effectively captures the underlying attributes without bias or distortion. Additionally, validity can be evaluated through various types, such as content validity, construct validity, and criterion-related validity, each addressing different aspects of measurement accuracy. Ultimately, a valid measurement provides trustworthy information that aligns with the intended purpose of the assessment.
Money Measurement Concept in accounting, also known as Measurability Concept, means that only transactions and events that are capable of being measured in monetary terms are recognized in the financial statements.
It is a pre-condition, that only those transactions which can be measured in terms of money are to be recorded.
The business office, stocks, and company cars are examples of the Money Measure Concept. It is sometimes called Measurability Concept and means that only events and transactions that can be measured in monetary terms is recognized in the financial statement.
The historic cost concept is an extension of the money measurement rule. It requires transactions to be recorded at the "original" cost. The changes in prices or values will be ignored.
only those transactions which can be measured in terms of money are recorded.Since money is the medium of exchange and the standard ecnomic value, this concept requires that those transactions alone that are capable of being measured in terms of money be only be recorded in the books of accounts
What are some disadvantages or advantages in chemical energy?
one disadvantage is that we could get a measurement mixed up with another measurement.
1. easily to known about it because mainly all type of transaction is based on money in accounting. 2.it is continuous process. 3.is is never ending process.
Not universal
Underlying distribution is a concept that describes the density for the value of the measurement. It is a theoretical concept.
The answer is, Penis.
The 5 M's of advertising are: Mission Money Message Media Measurement The 5 M's of advertising are: Mission Money Message Media Measurement The 5 M's of advertising are: Mission Money Message Media Measurement The 5 M's of advertising are: Mission Money Message Media Measurement