Which of the Following Statements About Consistency Is True

question 21

Multiple Choice

Which of the following statements about consistency is true?

• A) A company has to use the same accounting methods in all parts of a company.
• B) The same depreciation method should be employed for all assets of a company.
• C) The same accounting methods must be used as those used by other companies in the industry.
• D) The same accounting methods must be used from year to year,except where a change is made and the impact on profit is disclosed.

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Definitions:

Behavior Therapy

A type of psychotherapy that focuses on changing undesirable behaviors through reinforcement, punishment, and other learning principles.

Premature Terminator

An individual who ends therapy or counseling sessions before reaching the agreed upon goals or resolving the issues that instigated seeking help.

Stage Of Change

A concept in behavioral science that identifies an individual's readiness to adopt new behaviors or abandon harmful ones, often used in contexts of therapy or behavior change.

Intensive Action-Oriented Treatment

Therapeutic approaches that are highly focused and active, often aiming to produce significant changes in a short period.