_______ means accounting rules and practice should continuosly observed.
(a) Consistency
(b) Materiality
(c) Conservatism
(d) Realisation
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A.) Consistency
Consistency should be maintained in the rules and practices which are usually used to prepare the financial statements in order make the profits/losses of the two years comparable, which will be helpful to the management and several other parties related to the business and its deals.
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