According to the historical cost principle, assets are always carried at their current market value. O True O False

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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According to the historical cost principle, assets are always carried at their current market value.
True
O False
O O
Transcribed Image Text:签 个人资料 标签页 窗口 帮助 Q Finan X Chap X GAT- X acco X O acco X G If a c X a eAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocaor=&inprogress=false According to the historical cost principle, assets are always carried at their current market value. True O False O O
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