Agareed10 Agareed10
  • 15-06-2021
  • Business
contestada

What do you mean by consistency in accounting ?

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nkeenan172
nkeenan172 nkeenan172
  • 15-06-2021

Answer:

once you adopt an accounting principle or method, continue to follow it consistently in future accounting periods so that the results reported from period to period are comparable.

Explanation:

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machiechidinma5 machiechidinma5
  • 15-06-2021
It’s means once you adopt an accounting principle continue to follow it consistently in future accounting period
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