Concept of Consistency means :A. All the firms in the same industry should use identical accouting principles and proceduresB. All principles and procedures of accounting are utilisedC. Accounting principles and methods should remain consistent from one year to anotherD. All of the above

Concept of Consistency means :A. All the firms in the same industry sh

1.	Concept of Consistency means :A. All the firms in the same industry should use identical accouting principles and proceduresB. All principles and procedures of accounting are utilisedC. Accounting principles and methods should remain consistent from one year to anotherD. All of the above
Answer» Correct Answer - C

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Concept of Consistency means :A. All the firms in the same industry should use identical accouting principles and proceduresB. All principles and procedures of accounting are utilisedC. Accounting principles and methods should remain consistent from one year to anotherD. All of the above

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