Tavella Co.applies the Consistency Convention.What Does This Mean

question 130

Multiple Choice

Tavella Co.applies the consistency convention.What does this mean?

• A)Tavella Co.uses the same names for all its expenses as its competitors.
• B)Tavella Co.has selected certain accounting principles that can never be changed.
• C)Tavella Co.applies the same accounting principles each accounting period.
• D)Tavella Co.applies the same accounting principles as its competitors.

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Definitions:

Electrons Stationary

Conceptually refers to electrons not moving or being in a static state within a material, although in reality, electrons are always in motion due to thermal energy.

Moisture

The presence of water or other liquid, in vapor form or as tiny droplets, within a substance or environment.

Charged Electroscope

A device used to detect the presence of electric charge, either positive or negative, by the movement of a metal foil.

Test Object

An item or device being subjected to an examination or experimental procedure to evaluate its properties or performance.