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Tavella Co.applies the Consistency Convention.What Does This Mean

Question 130

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Tavella Co.applies the consistency convention.What does this mean?


A) Tavella Co.uses the same names for all its expenses as its competitors.
B) Tavella Co.has selected certain accounting principles that can never be changed.
C) Tavella Co.applies the same accounting principles each accounting period.
D) Tavella Co.applies the same accounting principles as its competitors.

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