True/False
Consistency in accounting means that a company uses the same generally accepted accounting principles from one accounting period to the next accounting period.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q103: The convention of consistency refers to consistent
Q104: To understand accounting information,users must be familiar
Q105: Which accounting term does not mean the
Q106: Use this information to answer the following
Q107: For accounting information to be useful,it must
Q109: Use this information to answer the following
Q110: A practical decision to expense a $120
Q111: The normal operating cycle helps define which
Q112: The relevance of accounting information means that
Q113: A company with a profit margin of