Multiple Choice
Which of the following statements about consistency is true?
A) A company has to use the same accounting methods in all parts of a company.
B) The same depreciation method should be employed for all assets of a company.
C) The same accounting methods must be used as those used by other companies in the industry.
D) The same accounting methods must be used from year to year,except where a change is made and the impact on profit is disclosed.
Correct Answer:

Verified
Correct Answer:
Verified
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