Stable dollar assumption,
Definition of Stable dollar assumption:
A basic premise used by business accountants when putting together financial statements denominated in U.S. Dollars that the currencys value does not fluctuate significantly. Of course, the stable dollar assumption breaks down when the U.S. Dollar rises or falls substantially relative to other major currencies on the foreign exchange market. Also called stable monetary unit.
Meaning of Stable dollar assumption & Stable dollar assumption Definition
