While preparing Current Cost financial statements a few adjustments are made to historical cost figures are:

a-Depreciation Adjustment

b-All of the options

c-Cost of Sales Adjustment

d-Monetary Working Capital Adjustment

Monetary items under CPP method refers to those items whose amounts are:

a-To be restated to represent current purchasing power

b-Not stated in fixed monetary amounts

c-Fixed by contract and are expressed in monetary units

d-To be increased in proportion to the inflation.