ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Match the term and the definition.
Provides justifcation for measuring many assets based on their original costs instead of current
[1.
liquidation values
2.
A unit or scale of measurement can be used to measure financial statement eluments
3.
The economic life of an enterprise can be divided into artificial time periods for financial reporting
4.
All economic events with a particular economic entity can be identified.
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Transcribed Image Text:Match the term and the definition. Provides justifcation for measuring many assets based on their original costs instead of current [1. liquidation values 2. A unit or scale of measurement can be used to measure financial statement eluments 3. The economic life of an enterprise can be divided into artificial time periods for financial reporting 4. All economic events with a particular economic entity can be identified.
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