Financial information demonstrates consistency


Financial information demonstrates consistency when

A. Firms in the same industry use different accounting methods to account for the same type of transaction

B. A company applies the same accounting treatment to similar events from period to period

C. A company fails to adjust its financial statements for changes in the value of the measuring unit

D. A company changes its estimate of the salvage value of a fixed asset

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Financial Accounting: Financial information demonstrates consistency
Reference No:- TGS01153672

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