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- Unit_of_account abstract "A unit of account in economics is a nominal monetary unit of measure or currency used to value/cost goods, services, assets, liabilities, income, expenses; i.e., any economic item. It is one of three well-known functions of money. It lends meaning to profits, losses, liability, or assets.A unit of account in financial accounting refers to the words that are used to describe the specific assets and liabilities that are reported in financial statements rather than the units used to measure them.Unit of account and unit of measure are sometimes treated as synonyms in financial accounting and economics.The unit of account in economics (unit of measure in accounting) suffers from the pitfall of not being stable in real value over time because money is generally not perfectly stable in real value during inflation and deflation. Inflation destroys the assumption that the real value of the unit of account is stable which is the basis of classic accountancy. In such circumstances, historical values registered in accountancy books become heterogeneous amounts measured in different units. The use of such data under traditional accounting methods without previous correction often leads to invalid results.All monetary units of measure, e.g., US Dollar, Euro, Yen, Yuan, Ruble, Peso, etc., - all fiat currency units - are assumed to be perfectly stable in real value during non-hyperinflationary conditions under traditional Historical Cost Accounting in terms of which the stable measuring unit assumption is applied. The Daily Consumer Price Index (Daily CPI) - or a monetized daily indexed unit of account - is generally used to index monetary values on a daily basis when it is required to maintain the purchasing power or real value of monetary values constant during inflation and deflation.".
- Unit_of_account wikiPageExternalLink exchanges.php.
- Unit_of_account wikiPageID "312461".
- Unit_of_account wikiPageLength "7703".
- Unit_of_account wikiPageOutDegree "33".
- Unit_of_account wikiPageRevisionID "702829601".
- Unit_of_account wikiPageWikiLink Accounting.
- Unit_of_account wikiPageWikiLink Category:Currency.
- Unit_of_account wikiPageWikiLink Category:Money.
- Unit_of_account wikiPageWikiLink Composite_good.
- Unit_of_account wikiPageWikiLink Currency.
- Unit_of_account wikiPageWikiLink Economic_efficiency.
- Unit_of_account wikiPageWikiLink Economics.
- Unit_of_account wikiPageWikiLink Equivalisation.
- Unit_of_account wikiPageWikiLink Euro.
- Unit_of_account wikiPageWikiLink European_Currency_Unit.
- Unit_of_account wikiPageWikiLink Financial_accounting.
- Unit_of_account wikiPageWikiLink Florin.
- Unit_of_account wikiPageWikiLink Florin_(Italian_coin).
- Unit_of_account wikiPageWikiLink Franc.
- Unit_of_account wikiPageWikiLink Hague–Visby_Rules.
- Unit_of_account wikiPageWikiLink Inflation_accounting.
- Unit_of_account wikiPageWikiLink Livre_tournois.
- Unit_of_account wikiPageWikiLink Management_accounting.
- Unit_of_account wikiPageWikiLink Market_economy.
- Unit_of_account wikiPageWikiLink Medium_of_exchange.
- Unit_of_account wikiPageWikiLink Money.
- Unit_of_account wikiPageWikiLink Opportunity_cost.
- Unit_of_account wikiPageWikiLink Rate_of_return.
- Unit_of_account wikiPageWikiLink Store_of_value.
- Unit_of_account wikiPageWikiLink System_of_measurement.
- Unit_of_account wikiPageWikiLink Units_of_measurement.
- Unit_of_account wikiPageWikiLink £sd.
- Unit_of_account wikiPageWikiLinkText "Accounting currency".
- Unit_of_account wikiPageWikiLinkText "Unit of account".
- Unit_of_account wikiPageWikiLinkText "accounting currency".
- Unit_of_account wikiPageWikiLinkText "backed".
- Unit_of_account wikiPageWikiLinkText "money of account".
- Unit_of_account wikiPageWikiLinkText "unit of account".
- Unit_of_account wikiPageWikiLinkText "unit".
- Unit_of_account wikiPageWikiLinkText "units of account".
- Unit_of_account wikiPageWikiLinkText "units".
- Unit_of_account wikiPageUsesTemplate Template:Citation_needed.
- Unit_of_account wikiPageUsesTemplate Template:Reflist.
- Unit_of_account subject Category:Currency.
- Unit_of_account subject Category:Money.
- Unit_of_account hypernym Unit.
- Unit_of_account type Organisation.
- Unit_of_account comment "A unit of account in economics is a nominal monetary unit of measure or currency used to value/cost goods, services, assets, liabilities, income, expenses; i.e., any economic item. It is one of three well-known functions of money.".
- Unit_of_account label "Unit of account".
- Unit_of_account sameAs Q747699.
- Unit_of_account sameAs Разчетна_единица.
- Unit_of_account sameAs Unitat_de_compte.
- Unit_of_account sameAs Unidad_de_cuenta.
- Unit_of_account sameAs Kontu-unitate.
- Unit_of_account sameAs Unité_de_compte.
- Unit_of_account sameAs Unità_di_conto.
- Unit_of_account sameAs Unité_de_compte.
- Unit_of_account sameAs Rekeneenheid.
- Unit_of_account sameAs m.01tcbz.
- Unit_of_account sameAs Счётная_денежная_единица.
- Unit_of_account sameAs Q747699.
- Unit_of_account wasDerivedFrom Unit_of_account?oldid=702829601.
- Unit_of_account isPrimaryTopicOf Unit_of_account.