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The Consistency Principle States That a Business Should Use the Same

question 92

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The consistency principle states that a business should use the same accounting methods from period to period.


Definitions:

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language, specifically the arrangement of words and phrases.

Phonemes

Phonemes are the smallest units of sound in a language that can distinguish one word from another in the language's phonological system.

Benjamin Whorf

An American linguist known for his hypothesis that the structure of a language affects its speakers' cognition and worldview.

Allen Gardner

An American psychologist known for his work in teaching sign language to chimpanzees, notably a chimp named Washoe.

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