historical cost concept
31Debits and credits — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
32Auditor's report — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
33Legal liability — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
34Entity-Level Controls — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
35Functional currency — is the monetary unit of account of the principal economic environment in which an economic entity operates.Statement of Financial Standards No. 52 (SFAS 52) is the primary source of GAAP for translation of foreign currency financial statements.… …
36Norev — A 1:43 scale Renault 4CV from the first generation (1955) Norev is a French manufacturer of diecast metal model cars. It has normally has produced modern and vintage European vehicles, especially French vehicles though Italian, German, and… …
37Remeasurement — The re evaluation of the value of an asset or liability within a particular account on a company s financial statements. The purpose of this re evaluation is to more accurately reflect the company s financial and operating position, even if the… …
38objectivity — An accounting concept attempting to ensure that any subjective actions taken by the preparer of accounts are minimized. The aim of the rules and regulations required to achieve objectivity is that users should be able to compare financial… …
39objectivity — An accounting concept attempting to ensure that any subjective actions taken by the preparer of accounts are minimized. The aim of the rules and regulations required to achieve objectivity is that users should be able to compare financial… …
40ancient Greek civilization — ▪ historical region, Eurasia Introduction the period following Mycenaean civilization, which ended in about 1200 BC, to the death of Alexander the Great, in 323 BC. It was a period of political, philosophical, artistic, and scientific… …
