Question: 2 2- -13) The monetary-unit assumption refers to A) measuring financial statement items at their cost at the time of the transaction B) an assumption

 2 2- -13) The monetary-unit assumption refers to A) measuring financial

2 2- -13) The monetary-unit assumption refers to A) measuring financial statement items at their cost at the time of the transaction B) an assumption that a company will continue to be 1n business 111 the future C) the use of monetary units, such as dollars, to measure the value of nancial statement amounts D) the way revenues and expenses are recognized

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