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Learning Task No. 2: Write down five (5) advantages and disadvantages of cost
principle.
Learning Task No. 3: Given the beefsteak recipe and its estimated cost,
un to determine
0​


Sagot :

Answer:

According to critics of the cost principle, it's main disadvantage is lack of accuracy.

advantages of the cost principle: It is much quicker and more straight-forward to record assets at their original value than to continually update financial reports to reflect current market value.

task no 3:

Beef:350 peso

onion:10 peso

garlic:5 peso

soy:12peso

vinegar:10peso

total:387 peso