The Convention of Consistency Refers to Consistent Use of Accounting

question 103

Multiple Choice

The convention of consistency refers to consistent use of accounting principles

• A)among firms.
• B)within a given accounting period.
• C)within industries.
• D)among accounting periods.

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Definitions:

Oral

Relating to the mouth, including the act of speaking, intake of food, or in medical terms, medication taken by mouth.

Fixation

An obsessive focus or attachment to a developmental stage, person, or object.

Psychosexual Development

A Freudian theory that describes the stages of a child's development focusing on the changes in erogenous zones that drive the psychological processes.

Thanatos

In psychoanalytic theory, the death drive, representing an unconscious desire for destruction and an instinctual pull towards death.