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Accounting Principles Questions And Answers Verified 100% Correct
Accounting Principles Veri
Accounting Principles Veri
Accounting Principles Questions And Answers 
Verified 100% Correct 
The monetary unit principle - ANSWER states that you only record 
business transactions that can be expressed in terms of a currency. Thus, 
l 
a company cannot record such non-quantifiable items as employee skil 
levels, the quality of customer service, or the ingenuity of the 
engineering staff.
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