Economics · Accounting Principles
The accounting principle which states that the same accounting methods and treatments should be applied consistently to similar items from one period to another is known as the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Consistency Principle✓
- 2Full Disclosure Principle
- 3Materiality Principle
- 4Going Concern Principle
Correct answer
Consistency Principle
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