Review Detail of DakaaraKhdu9dn in The Legend of Min Hong

this is story but why can't i unlock as soon as posible long story bu you can read only tiny part of these chapters What is inflation accounting? • ●system of maintaining accounts just like historical cost , or Inflation accounting is the practice of adjusting financial statements according to price indexes. 2: What is inflation? ● Inflation is persistent rise in general Price level 3: What is deflation? ● Deflation is continuous fall in the general price level. 4: limitations of historical cost accounting? ● A) Financial statements fail to disclose current worth of enterprise. B) Financial statements contain non-comparable items. C) Creates problems at the time of replacement. D) Mixes holding and operating gains. D) Historical cost overstates income in times of rising prices. 5: monetary item and non monetary item? A)  monetary items is subject to the recording of a net gain or loss. Examples of monetary items include:-  Cash  Receivables  Payables  Loan Capital  Outstanding B)  Non-monetary items are those that do not carry a fixed value Examples of non-monitory items include:-  Inventory  Buildings  Machinery  Investments CHAPTER 2 1: 6 PROBLEMS or points for imporvment ? A) The real significance of accounting information and evaluation is not grasped adequately. B)  Financial accounts are prepared and often maintained for purpose of satisfying law and tax authorities. C)  Accounting methods and practices usually are outdated. D) Financial statements are prepared with excessive delay. E) Inflationary tendencies often lessen further use of FS. F) Shortage of qualified personnel and accounting and management. 2:  the conceptual frame work?  A structured theory of accounting.  States the scope and objectives of financial reporting.  Involves qualitative characteristics of financial information and [img=fp][img=recommend][img=exp][img=exp][img=exp][img=exp][img=update]