Economics · Accounting Principles
A company does not include the value of skills gained by its employees from training programmes in its annual financial statements. Which one of the following accounting concepts is being applied in this case?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Business entity concept
- 2Revenue recognition concept
- 3Money measurement concept✓
- 4Going concern concept
Correct answer
Money measurement concept
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