In Order for Financial Information to Be Consistent,similar Accounting Methods

question 28

True/False

In order for financial information to be consistent,similar accounting methods need to be used from one period to the next.

---

Definitions:

Tension

A force that stretches something to make it longer or wider.

Solid-State Alteration

The process of mineralogical and structural changes in rocks without melting, often through heat, pressure, or chemical exchange.

Metamorphic

Pertaining to rock that has undergone transformation by heat, pressure, or other natural agencies.

Pressure

The force exerted per unit area by gases, liquids, or solids on the walls of their container or on objects in contact with them.