Multiple Choice
The convention of consistency refers to consistent use of accounting principles
A) among firms.
B) within a given accounting period.
C) within industries.
D) among accounting periods.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q98: The profit margin equals<br>A)net sales divided by
Q99: Which of the following accounts is most
Q100: Use this information to answer the following
Q101: Use this balance sheet and income statement
Q102: Use this information to answer the following
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
Q108: Consistency in accounting means that a company