The Convention of Consistency Refers to Consistent Use of Accounting

question 239

Multiple Choice

The convention of consistency refers to consistent use of accounting principles

• A) among firms.
• B) among accounting periods.
• C) throughout the accounting periods.
• D) within industries.

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Definitions:

Direct Approach

The direct approach in communication involves straightforwardly presenting the main point or purpose at the beginning, often used in clear and urgent situations.

Direct Approach

A communication method where the main points or messages are stated clearly and directly at the beginning.

Resale Information

Data or details relevant to the process of selling previously owned or used products.

Customer Complaint

A feedback or grievance expressed by a customer regarding a company's product or service.