Which of the following is not a measurement issue in accounting?
A) When to record a business transaction
B) How to classify the items of a business transaction
C) What value to place on a business transaction
D) Where to record a business transaction

Question

Quizplus · Accepted Answer

The issue of where to record a business transaction is not a measurement issue in accounting. It is a matter of ensuring that the transaction is recorded in the appropriate account or ledger within the general ledger system. The other options, A, B, and C, all relate to the measurement aspect of accounting, specifically when, how, and what to measure in a business transaction.

Which of the Following Is Not a Measurement Issue in Accounting