Question: Question 1 (1 point) If something cannot be objectively measured, it should be reported at its original purchase price in accordance with the: Question 1

Question 1 (1 point) If something cannot be objectively measured, it should be reported at its original purchase price in accordance with the:

Question 1 options:

Conservatism principle

Cost principle

Going concern convention

Materiality principle

Objectivity principle

Question 2 (1 point) The following is an asset:

Question 2 options:

Deferred revenue and support

Donations

Equipment

Sales revenue

Wages payable

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