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Exam Code: C-BW4HANA-24

Exam Name: SAP Certified Application Associate - Reporting. Modeling and Data Acquisition with SAP BW/4HANA 2.x

Certification Provider: SAP

Related Certification: SAP Certified Application Associate - Reporting. Modeling and Data Acquisition with SAP BW/4HANA 2.x

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NEW QUESTION: 1
The Montvale Health Plan purchased a piece of real estate 20 years ago for $40,000. It recently sold the real estate for $80,000 and reported a capital gain of $40,000 on this sale. Even though the purchasing power of the dollar declined by half during this period and Montvale realized noactual gain in purchasing power, Montvale recorded in its accounting records the $40,000 gain from this sale. This situation best illustrates the accounting concept known as the:
A. Time-period concept
B. Measuring-unit concept
C. Full-disclosure concept
D. Concept of periodicity
Answer: B


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