Which of the following best describes why the Valuation Principle is a key concept in making financi

Which of the following best describes why the Valuation Principle is a key concept in making financial decisions?

A.It shows how to assign monetary value to intangibles such as good health and well-being.

B.It allows fixed assets and liquid assets to be valued correctly.

C.It gives a good indication of the net worth of a person, item, or company and can be used to estimate any changes in that net worth.

D.It shows how to make the costs and benefits of a decision comparable so that we can weigh them properly.

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