One objective of ..... accounting is to eliminate the 'money illusion' by reducing the accounts to 'real terms'; the purchasing power or constant dollar method does not meet this general objective.

One objective of ..... accounting is to eliminate the 'money illusion' by reducing the accounts to 'real terms'; the purchasing power or constant dollar method does not meet this general objective. (*) creative (*) expansion (*) inflation (*) recessive


This is a companion discussion topic for the original entry at https://english.best/questions/11062,one-objective-of-___-accounting-is-to-eliminate-the-money-illusion-by-reducing-the-accounts-to-real-terms-the-purchasing-power-or-constant-dollar-method-does-not-meet-this-general-objective/