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Ebook Accounting for price-level changes - Theory and procedures
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Ebook "Accounting for price-level changes - Theory and procedures" shows the importance of taking actions to incorporate the effects of changing prices into each firm accounting systems, and encourage the firms to treat this incorporation as a normal routine. This book shows that prices have in fact been altering over the years, and then explains the problems of changing prices as they affect accounting. Then, this text demonstrates these problems with the aid of a few simple examples. |