The concept which states that assets are not to be recorded at their current market value is? By: Sunday|Published on: Mar 21|Categories: Accounting WAEC| 0 comments A. money measurement B. materiality C. cost D. entity Correct Answer: Option C C. cost Users Also Read These:Accounting term used to describe the excess of…The difference between current assets and current…The accounting concept which states that expenditure…The excess of current assets over current…The difference between total current assets and…SEE ALSO The double entries for refund of unsuccessful application monies are, debit?