Valuing assets at their liquidation values rather than their cost is consistent with the:A. Historical cost principle B. Periodicity assumption C. Expense recognition principle D. None of the above

D. None of the above

Explanation:

The historical cost principle refers to that principle in which the asset should be recorded at the purchased price

The periodicity assumption refers to a period in which the period is divided i.e. weeks, monthly, quarterly, semi annually, yearly, etc

And, the expense recognition principle refers to that principle in which the expenses should be recognized in that year in which they are incurred along with it, the revenues are also recognized in which they are earned

Hence, the correct option is D. none of the above

answer; ///i believe the correct   answer is (e) transformational;