Which accounting assumption requires that only those things that can be expressed in dollar values are included in the accounting records?
A)monetary unit assumption.
B)historical cost principle.
C)periodicity assumption.
D)full disclosure principle.

Question

Quizplus · Accepted Answer

The monetary unit assumption requires that only those things that can be expressed in dollar values are included in the accounting records.

Which Accounting Assumption Requires That Only Those Things That Can