Identify and describe five different measurement attributes.

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Identify and describe five different measurement attributes. 
 Five measurement attributes described are as follows:- 
1. Historical cost: - it describes the amount paid for the acquisition of asset 
somewhere in the past. Asset so acquired are recorded at these values. No change 
in the values is recorded or past values are not adjusted to account for present 
change in the market value. 
2. Net realizable value:

Identify and describe five different measurement attributes.

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