The ____________________ Principle Says That Assets of a Company Are

question 173

Short Answer

The ____________________ principle says that assets of a company are initially recorded at their original cost.

---

Definitions:

Vicarious Modelling

A process in psychological and behavioral theory where individuals learn new behaviors or skills by observing others, without direct personal experience.

Self-Efficacy

A person's confidence in their ability to carry out actions required to achieve particular outcomes.

Self-Efficacy Theory

The belief in one's own ability to succeed in specific situations or accomplish a task, playing a crucial role in determining how goals are set and achieved.

Confidence

A feeling of self-assurance arising from an appreciation of one's own abilities or qualities.