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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Vital function of accounting
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Showing posts with label
Vital function of accounting
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Monday 4 January 2010
Vital function of accounting
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Accountants were not aware in 1989 when IAS 29 Financial Reporting in Hyperinflationary Economies was authorized that they unknowingly destr...
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