Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI
A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
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SA accountants´ incomprehensible logic
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Showing posts with label
SA accountants´ incomprehensible logic
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Wednesday 25 November 2009
SA accountants´ incomprehensible logic
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SA accountants value existing reported Retained Profits in SA companies at Historical Cost, i.e. in nominal monetary units. They assume that...
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