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    Principles of Accounting Study Set 1
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    Exam 5: Foundations of Financial Reporting and the Classified Balance Sheet
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    The Convention of Consistency Pertains to the Use of the Same
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The Convention of Consistency Pertains to the Use of the Same

Question 34

Question 34

True/False

The convention of consistency pertains to the use of the same accounting principles by firms in the same industry.

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