Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI: Accounting a property value at historical cost does not destroy its real value.

Showing posts with label Accounting a property value at historical cost does not destroy its real value.. Show all posts

Showing posts with label Accounting a property value at historical cost does not destroy its real value.. Show all posts

Wednesday 8 July 2009

Accounting a property value at historical cost does not destroy its real value.

The second economic item is a variable item. Variable items are real value non-monetary items with variable real values over time. Examp...