The Measurement Principle That Says Assets Are Reported at the Price

question 89

Multiple Choice

The measurement principle that says assets are reported at the price that would be received if the item were sold is called

• A)fairvalue.
• B)historical cost.
• C)materiality.
• D)going concern.

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Definitions:

Drug Test

A procedure to detect the presence of drugs or their metabolites in the body, typically using blood, urine, hair, or saliva samples.

ICD-10-PCS

International Classification of Diseases, Tenth Revision, Procedure Coding System; a coding system used to document medical procedures and services.

Hospital Inpatient

An individual who has been admitted to a hospital and stays overnight or for multiple days for medical care.

Combination Code

An ICD code in which two diagnoses are included in one code.