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What does Monetary Unit Assumption mean?

The assumption that all business transactions can be measured and recorded in a single, stable currency.

Monetary Unit Assumption in a sentence
The monetary unit assumption states that all business transactions can be recorded in terms of a stable currency.

Monetary Unit Assumption in German, French, Spanish and Italian

German
Konzept der Geldeinheit

Annahme, dass alle Geschäftsvorfälle in einer Währungseinheit messbar sind.

French
Postulat de l'unité monétaire

Postulat selon lequel la comptabilité s'exprime dans une unité monétaire stable.

Spanish
Supuesto de unidad monetaria

Supuesto de que el dinero es el denominador común de la actividad económica.

Italian
Principio dell'unità monetaria

Principio che prevede l'uso di una moneta come unità di misura degli eventi aziendali.

Synonyms and opposites for Monetary Unit Assumption

  • Synonym Stable dollar assumption

More Accounting terms

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