The measurement basis most often used to report a long-term paya a commitment to pay money at a determinable future date is Historic cost. Net realizable value. Present value of future cash flows.

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 9DQ: In computing the periods net operating cash flows, why are increases in current liabilities and...
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The measurement basis most often used to report a long-term payable representing
a commitment to pay money at a determinable future date is Historical cost. Current
cost. Net realizable value. Present value of future cash flows.
Transcribed Image Text:The measurement basis most often used to report a long-term payable representing a commitment to pay money at a determinable future date is Historical cost. Current cost. Net realizable value. Present value of future cash flows.
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