The convention of consistency refers to consistent use of accounting principles:

a) within industries

b) among accounting periods

c) throughout the accounting period

d) among firms

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Business

Blaze Cunningham

27 October, 12:35

The convention of consistency refers to consistent use of accounting principles:

a) within industries

b) among accounting periods

c) throughout the accounting period

d) among firms

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Cervantes · Answer 1

Answer: The convention of consistency refers to consistent use of accounting principles Consistency applies to the consistent use of the same principles from one period to another so that the financial statements of different periods are comparable.

The convention of consistency refers to consistent use of accounting principles:a) within industriesb) among accounting periodsc) throughout the accounting periodd) among firms

The convention of consistency refers to consistent use of accounting principles:

a) within industries

b) among accounting periods

c) throughout the accounting period

d) among firms