Money measurement concept of accounting theory is based on the assumption that the value of money will____________.

Remain constant.

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Fluctuate.

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Decrease.

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Group.

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Solution

The correct option is A Remain constant.
Money Measurement concept of accounting theory is based on the assumption that the value of money will remain constant. Money Measurement also known as measurability concept means that only transactions and events that are capable of being measured in terms of money are recorded in the books of accounts.

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