Question

It is essential to standardize the accounting principles and policies in order to ensure

a.Transparency

B.Consistency

c.Comparability

d.All of the above​

Answer 1

Answer:

Accounting standards set to make financial statement more meaningful and comparable. Accounting standards provides a standard set of accounting policies, procedures, valuation methods and disclosure requirements so that transparency, consistency and comparability will be followed while preparing the financial statements.

Answer 2

Answer:

B)consistency .......