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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