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Cost principle in a sentence

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Sentence count:6Posted:2018-06-23Updated:2020-07-24
Similar words: benefit principleprincipleprincipledprinciplespleasure principlein principleon principlereciprocity principle
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(1) long-term liabilities are measured in accordance with historical cost principle.
(2) The cost principle is derived , in large part, from the principle of objectivity.
(3) The cost principle is based on the assumption that cost is equal to fair market value at the date of acquisition and subsequent changes are not relevant to it.
(4) Inventories are normally accounted for at historical cost, as the cost principle requires.
(5) Inventory must be measured at the acquisition cost in conformity with the historical cost principle.
(6) Long - term liabilities are measured in accordance with historical cost principle.
More similar words: benefit principleprincipleprincipledprinciplespleasure principlein principleon principlereciprocity principleunprincipledlegal principlebasic principleon the principle ofguiding principlereality principlematching principletheoretical principleuncertainty principlefundamental principlecost priceprinciple of superpositionpauli exclusion principlegenerally accepted accounting principlespast participleprincipeprincipalprincipallyprincipalityvice-principalprincipalshipprincipal focus
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