»
Question
4
0.4
/0.4
pts
Historical
cost
is
an
accounting
principle
that
says
what
a
company
owns
is
originally
recorded
at
which
of
the
following
Market
value
Insured
value
Appraised
value
Purchase
cost
See
the
"Overview
of
Generally
Accepted
Accounting
Principles"
article