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Accounting For Managers

?

Which of the following is not related with Money Measurement Concept ?

All business transaction should be expressed only in money
The transactions which cannot be expressed in money, will not be recorded in accounting books
Business is treated as separate from the proprietor
None of These

Correct - Your answer is correct.

Wrong - Your answer is wrong.

Detailed Answer

Correct answer: (B)
The transactions which cannot be expressed in money, will not be recorded in accounting books

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