Accountancy, asked by unatha4, 9 months ago

what do you mean by consistency concept

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Answered by nasreen22
1

Answer:

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.

Answered by shomekeyaroy79
6

This is your answer hope it helps you

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