Accounting · Accounting Principles & Concepts
Which accounting principle requires that financial statements be prepared using the same methods from one accounting period to the next?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Going Concern Concept
- 2Consistency Principle✓
- 3Materiality Principle
- 4Revenue Recognition Principle
Correct answer
Consistency Principle
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Accounting Principles & Concepts MCQs →Want more practice questions on Accounting Principles & Concepts?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Accounting Principles & Concepts