The Convention of Consistency Refers to Consistent Use of Accounting

question 163

Multiple Choice

The convention of consistency refers to consistent use of accounting principles

• A) among firms.
• B) throughout the accounting period.
• C) within industries.
• D) among accounting periods.

---

Definitions:

Long Bones

Bones that are longer than they are wide, playing a crucial role in supporting the weight of the body and facilitating movement; examples include the femur and humerus.

Femur

The longest and strongest bone in the human body, forming the thigh.

Scoliosis

A medical condition in which a person's spine has a sideways curve, usually shaped like an "S" or "C".

Lateral Curvature

Refers to a condition commonly known as scoliosis, where there's a sideways curvature of the spine.