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    Intermediate Accounting Study Set 9
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    Exam 2: Conceptual Framework for Financial Reporting
  5. Question
    Changing the Method of Inventory Valuation Should Be Reported in the Financial
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Changing the Method of Inventory Valuation Should Be Reported in the Financial

Question 77

Question 77

Multiple Choice

Changing the method of inventory valuation should be reported in the financial statements under what qualitative characteristic of accounting information?


A) Consistency.
B) Verifiability.
C) Timeliness.
D) Comparability.

Correct Answer:

verifed

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