consistency concept
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The consistency principle states that, once you adopt an accounting principle or method, continue to follow it consistently in future accounting periods. Only change an accounting principle or method if the new version in some way improves reported financial results.Consistency develops routines and builds momentum. It forms habits that become almost second nature. ... Consistency is especially important in business. Restaurants, for example, must be consistent, because customers come in expecting the same good food all the time.
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