Under which accounting principle quality of manpower is not recorded in the books of accounts ........

Accountancy (11th) Chapter-2 Theory base of Accounting

Under which accounting principle quality of manpower is not recorded in the books of accounts

Money measurement

Accounting period

Accounting entity

Going concern

The accounting principle where the quality of manpower is not recorded in the accounts book is Money Measurement Principle.

This concept underlines the fact that in economics and accounting generally, every recorded transaction or event is measured with regards to money.

By utilizing this principle, the happening or a fact or event that cannot be indicated in terms of money are not recorded in accounting books.

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