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a basic assumption of accounting assumes that the dollar is
useless in measuring an economic event.
a poor measure of economic activities.
unrelated to business transactions.
the common unit of measure for all business transactions.
In accounting, the monetary unit assumption states that the dollar (or the currency used) is the common unit of measure for business transactions. The other options are incorrect: the dollar is useful, a good measure, and related to business transactions for accounting purposes.
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D. the common unit of measure for all business transactions