Comparability and Consistency Are Enhancing Qualities That Make Accounting Information

question 40

Essay

Comparability and consistency are enhancing qualities that make accounting information useful for decision-making purposes. Briefly explain the difference between these two qualities and explain how they are related to each other.

---

Definitions:

Carbon Dioxide

Carbon dioxide is a colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air and is absorbed by plants in photosynthesis.

Phosphoglyceraldehyde (PGAL)

A three-carbon sugar molecule involved in the Calvin cycle of photosynthesis and also in glycolysis, a key step in cellular respiration.

Sugar Production

The process of extracting or synthesizing sugar from various sources for consumption.

Engelmann's Experiment

An experiment by Theodor Engelmann using a prism and algae to demonstrate the wavelength of light that photosynthesis is most efficient.